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Your post here reminded something I thought about the old school stats vs sabermetrics, and that is really what is the function of stats. When looking at what players did I think there isn't a problem at looking at some of the older stats. So when determining an honor like being named to the All-Star Game looking at ERA is the right thing because what matters at the end of the day is the number of runs a pitcher gives up. Things like FIP and K/9 are much better predictors of future performance however. And that is where things like luck come into play, and where we can talk about Garza most likely going to be the Cubs best starter the rest of the way this year. A subtle distinction but an important one when we are talking about awards like this.
Sabermetrics are NOT stats, a stat is something known to be true. If you want to look at it and add it to an arsenal of stats available for the fans plus the eyes that is fine. you cannot use FIP to determine all star or by grading a pitcher solely on FIP. it isnt old skool vs saber here. FIP is way to subjective, and is highly flawed and not REAL