Yes Lasereth, but mobility is pretty high so top rated players generally rank up in divisions. Rank 1 plat is really the only rank of meaning at the moment. As time goes on league will matter more: right now it's mostly an indicator of how many of your starting 5 games you won rather than your real skill level.
@ironpham: lose. Lose a handful of games and you should be bumped down right quick. As I said to Lasereth, league doesn't mean all that much right now; there are PLENTY of people in exactly your situation (which is platinum competition...isn't really that fierce). You might meet the roving great white shark of a nigh pro gamer, or someone who's been playing for 2 hours. It's beta, they're working on it :3.
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