I had a product idea I have yet to make where you replace ratings with rankings. Instead of giving something a 1-5 review, you just answer a few quick questions whether something is better or worse than a listed alternative. You aggregate enough rankings and you can give everything a percentile score. The number is actually meaningful - a 70% means people on average think that it's 70% better than all ranked alternatives.
And you can't lie or influence a ranking as easily. "You think Rings of Power is a good show? Okay, but are you are actually going to rank it above The Sopranos?"
Why not ? It depends what you are looking for at that moment.
If, in the future, your tastes change, a few things get ranked "above" what formerly held your top slot. The top slot was never "200 absolute points," it was just "the highest single ranking"
Although, I do see the coarseness of a new #1 bumping everything down … and forcing a reconsideration of whole blocks of rankings … arriving at "groups" … and basically a star system.