OPS for our resident sabermetricians

[andyfox]

Just looking at ESPN and I noticed Derek Jeter has walked 3 times and been hit by a pitch in four plate appearances thus far tonight.

So his OPS is 1.000: .000 slugging and 1.000 on-base.

Just wondering: would a player who did this all year be more valuable or less valuable than a player with a slugging percentage of .550 and an on-base percentage of .450? Or slugging .450 and on-base .550? My guess is one would prefer the higher slugging percentage, but might it not depend on the statistics of others on the team? Tonight, for example, Jeter has scored 3 runs and has an RBI, but that is because the rest of the team is smacking the ball.

Thanks.