I think they're fairly accurate anyway and the new system is decent. People have to remember that every month we're also losing points from results 12, 24, 32 and 48 months ago. It's all averaged.
Armenia moved up so much by beating Poland because that result improves their average so much. Last month they had 180 points. That's the average of all their points using the system. They get 1638 points for beating Poland. That's no more than Italy would get for beating Poland but it's not going to do much to Italys average obviously.
On top of that Armenia haven't even got a draw in June in the last 4 years so they won't lose any points. What that means is, say we beat Brazil last June. The points for that match would be halved because the match will then be outside the 12 month period. We're losing points for wins against Georgia, Albania, Jamaica, Holland, Faroes and a draw against Israel. No defeats in June in the last 4 years.
It's hard to explain. Read the guardian link:
http://football.guardian.co.uk/comme...871529,00.html
They are still meaningless though. :D