However, I would argue that it also loses some impact. It removes the idea of a person having to decide what "best" or "worst" actually means. Instead, you would need a follow-up question of "why?" to clarify that particular point.
For instance, I would have answered French horn. That instrument can single-handedly cut through an entire orchestra, and there is no mistaking it when you hear it. The harpsichord would be a close runner-up. So I'm probably looking for unique sounds that are easy to pick out of a crowd.
The best instrument is the one I like to play the most, duh. Yeah, "that's just my opinion, man". Which was kinda the point.
I don't know what else to tell you. You ask "what the obsession with ranking" was, I gave you the answer straight from the article. Is it "best" for you? Probably not. Again, duh, that's not what the answer said.
The last question implies some kind of absolute value system, not just your own personal taste (even if you're the one making the ranking).