Far more nuanced?
Okay, but at some point, a score is assigned to each type of completion per your description. What score is assigned a Hail Mary , what score is assigned a drive killing INT, etc. they do not clearly define a score given for each type of scenario.
Also, it seems as though they are saying that the type of scenario is determined by an individual, coach, expert, whatever. In what way do they assure it is consistent?
If they do not have a consistent description on exactly how they score then why would I ever trust it?.
You are correct that the passer rating has flaws and I am in favor of a more fair scoring system. However, anytime a score is based on a judgement by a human, no matter their expertise, there is the opportunity for bias, whether they realize it or not.
The current passer rating for a single game should never be used to judge a QB. However, a seasons worth of passes would absorb both the Hail Nary's and the drive killing INT's due to a much larger data pool. the larger the data pool, the more relevant the description.
Please notice that I did not attempt to make some sarcastic comment regarding your explanation. I am not trying to impress, i am not trying to belittle your effort or understanding on the subject matter. I believe in mutual respect and courtesy on this forum.