I said "generally accepted", IIRC.
EDIT: It turns out I made a more blanket statement in the OP. I mostly did that because it sounds better in an essay. I did mean it to be "generally accepted" even though that's not what I wrote.
Considering how broken Core is, I'd say that design decision failed utterly.
That doesn't mean that the system isn't broken, just because you avoid the broken bits.
It is worth noting that the second Immortal Handbook product (Ascension) preforms a complete overhaul on how gods and divine ranks function.