I agree that Double-A is the weeding-out level, but I don't think the majority of college prospects can/will/do start there! That's it! I spent time at 4 of the NYY minor league levels this year and 90% of college players were in A+ and A-ball. Their numbers there aren't useless, but I also don't ignore them because you can see who is standing out as opposed to just using their experience to overcome kids. Like you, I value AA numbers more than any A-ball levels.
It's above a college all-star level because the players there are far more mature and developed. They're mostly people who have spent 2-4 years in the system already. Just a different beast.
It's above the college All Star level so thats where they send all the college All stars for their first full season of ball. Got it.