I consider the PR more of a fundamental building block to the rest of the stuff. It is the basis point and then you adjust it based on all the other factors, matchup, situation, injuries, suspensions, history, etc. etc.
But hard to argue with the results of the power ratings and most successful players that I have come across use them in some fashion or another. Also for really quick ease they are very helpful. For instance, you haven't capped the other situations at all ...nothing but a pr ... and they release a bad line ... you can see it right away. It is very hard to recognize immediately if you do not use pr. You have to cap the game to fruition first. So it is a great tool as far as getting the best of it before you necessarily have done all of your work.