I understand that there needs to be some standardized way to objectively score students, because allocating college seats to students seems to be an induced scarcity problem.
However, as someone who scored highly and is currently studying computer science at UC Berkeley, I ultimately feel like my time was wasted because the tests have almost no relation to any of my studies in class.
I know that in the absence of SAT and ACT, universities will need to come up with a different system, that has an equal chance of being gamed. Perfect is the enemy of good, and in this case, I would rather we strive toward standardized systems that actually relate to the content of high school. So many times while studying for the test I thought how much of a waste of time it is, and that I would rather be doing something else like programming.
Thank goodness that nowadays all I have to worry about is actual computer science. I got past the time-wasting hump and I never have to look back again. That is, unless I face the GRE...