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This is a great post. A quibble about the changed title: the NRC rankings are largely for university graduate-level departments such as math, not really for colleges.
this post is really good. thx
Some questions to ponder while we all continue to wait for the new NRC rankings:

Are the data that will be used in the rankings losing their analytical validity since they will be from the 2005-2006 academic year?

Why wasn't the NRC able to produce its rankings more quickly, using more up-to-date information?

How many faculty members have switched institutions and departments since the NRC first started collecting data in fall 2006? This is very important because faculty data are a key part of the NRC's analysis.