Well this system rates them the same, do we think West Coast had a better season than Melbourne?Yes
What rating will Melbourne get for losing to Collingwood by 7pts & Carlton by 2pts, same as WCE?
I don't.
Lets look at 2018, I would rather make a GF and lose than finish last.
100 for 1st, -100 for last.
Make 1st 50 above 2nd, then last 50 below 2nd last, then divide the points for the rest, 2nd 50, 2nd last -50 etc.