Bill from the ESPN.com Sweetspot Blog with a great post about how people still understand what Moneyball was actually about:
“Moneyball” wasn’t about slow, out-of-shape players, on-base percentage and ignoring defense. Rather, it was about exploiting market inefficiencies — stocking up on players and skills that are undervalued at the current time. In the late 1990s and early 2000s, on-base percentage was undervalued — vis-a-vis things like batting average and RBIs, while speed and defensive ability were overvalued (or just poorly measured). And, make no mistake, it worked. From 1999 through 2006, the A’s averaged nearly 94 wins a season with a payroll consistently in the bottom 20 percent or so of baseball.
Billy Beane deserves the credit he got. If you don’t think so, just watch Baseball Tonight and hear them talk about WAR and ISO and all that.