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I said he has a better playoff record, as in W/L ratio. That's just a fact and not subjective.
Similarly when I say he's one of only 10 QBs in history with 10 playoff wins, that's also a fact. Or that after Peyton retires he'll be one of only 3 active QBs with 10 playoff wins.
I think both you and @Rob0729 make good points. Flacco has played very well in terms of leading his team to the postseason and making lots of noise. As a matter of fact, isn't he the all time leading QB in postseason wins on the road?
That said, Rob has his overall NFL ranking pegged pretty well, thus making his #1 salary look unreasonable at the moment, and possibly even a year or two down the line.
The Ravens and Flacco both knew his structured cap hits would be difficult to see through and that an extension would be likely though, so I don't really see what the big deal is. Postseason winning QB's are going to average 20m a year. That's just how it goes.