Honestly, a lot of my objection is to the naming of this list. "Western works my review-based model scored the highest" just doesn't generate clicks the same way.
Better? No. Any 'best of' list is at most a bit of fun when taken with a pinch of salt, however the method obtained.
The boast or claim to be "The Greatest Books of All Time" lacks honesty or displays vast ignorance. The lists from which this list is compiled are intrinsically linked. This makes the title invalid, but, importantly my point, is that it does not make the resulting list invalid. Just please call the list what it is, a fun experiment.