It is.
Small Little Feature Released

I agree with slack that it's potentially a little confusing -- might "Strongest Rating" be a little more clear than "Best Rating"?
My best rating on this site is not my current rating.
It is, your best rating is 1992 in online chess, which is your current online chess rating, congrats Rael! Don't forget the video's!

Slack's best rating was actually 2204 and was reached on Jun 19th 2009. This is why the current wording is ambiguous.
Great feature nonetheless though.

My best rating on this site is not my current rating.
It is, your best rating is 1992 in online chess, which is your current online chess rating, congrats Rael! Don't forget the video's!
I really don't want to get into an argument about my rating, but 1992 is my current rating, not my best. I've actually changed my mind about the whole issue, though. For example, if it was switched to Current Rating, there are 5 different rating pools to select from, and they are all current. So I think the way they have it now is the best way, even if it is potentially misleading.
Very nice. Although maybe it could be improved if Best Rating was switched to Current Rating.