Play nice, kiddlywinks.
Oh how I love not being a part of the moderating staff anymore.
I can argue along with everyone else now!
Personally, I would sleep better at night knowing that the people designing bridges and skyscrapers stuff came from reputable schools. If everything was all standardized, not only would it be more difficult to ensure that the standards remain consistent over time (or else we will begin graduating incompetent people), but it would cost a LOT of money to ensure that the same quality of education can be obtained from other institutions. So in this sense, I still agree with the system where some schools are better than others.
However, I think the availability of these schools should be there for those who deserve to attend them (which I think is the point you were trying to make). When I heard about the tuition waiver they have at the Ivy League schools (for those under $60k/yr income), I realized that this availability also exists to a certain degree. There could always be improvement though.