Few things stand out to me on this. First off, I love that on the weakling to powerhouse scale, we are on the same plane as Penn State and Baylor (the home of last year's Heisman winner). We are ahead of every MAC team, Cincinnati, Arizona, and Oregon State.
As for how admirable we are, our cup nearly runneth over. Only five schools are ahead of us, all with stellar reputations as institutions: Duke, Stanford, Vanderbilt, Air Force and Rice. To be equal to Army and ahead of Northwestern is pretty impressive.
My biggest disagreement with the chart is where they placed Notre Dame in terms of a powerhouse. They should not be ahead of Auburn (just a year removed from a national championship), Clemson (defending ACC champion), Texas, Florida, and TCU.
The left-right placements are clearly stated to be based on projected strength this year, but based on last year or the year before that. I don't think Notre Dame will be the 25th or so best team in the country this season, but that is independent of past years preformances.