As already stated, RF is a result of many factors outside of the player's own abilities.
Also, the game distributes fielding chances according to position.
So to my mind, RF is only useful when comparing players who play the same position... and then, I only care if someone has a notably LOW RF.
Why? When I started playing HBD, I had a team without a true CF, so I put a utility player/LF out there. In my inexperience, I figured a low 70s Range wouldn't hurt too badly. Until a friend pointed out my guy had the lowest RF of any CF in the world. I figured that meant too many balls were dropping for hits.