My rankings are in the context of Midwest ski alternatives. Of course Lutsen isn't like the Rockies or even the East, but for the Midwest it is distinctly the biggest and best. A few others may have almost the same vertical as Lutsen, but none have the variety of terrain nor the base village experience.
Two of the hills (Moose and Eagle) have good long blue runs, and even a few steeps. The lift system (gondola and two high-speed chairs) is way better than other Midwest locales. There is good on-hill accommodation (with true ski-in/out), and a couple of OK restaurants - plus a lively bar with entertainment. Again, compared to other Midwest destinations, Lutsen is the only one that feels somewhat like an actual "resort".
The downside is that you are in the upper reaches of the country, so the weather can get pretty frosty at times. Unfortunately, Lutsen has more recently shown an inclination to closing down the biggest mountain (Moose) in these conditions - even on days where it would be more sheltered from the wind. They often make day-of decisions (sometimes even mid-day decisions), so it is hard to predict in advance what you'll be in for. If the forecast is marginal (cold or windy), and you have a flexible schedule, you may want to wait to a different day.
Overall, if you live in the Midwest and want good skiing within a day or less drive, Lutsen is definitely the best choice.