Ozy, it's not an exact science really, but if you use the method I described, it's still fairly consistent from bow to bow. If you forget about different riser designs, and just consider that you're actually measuring the distance from your string hand fingers to the front of your bow hand, it makes a little more sense.
As far as draw weight at a given draw length, consider that most bow makers have a recommended brace height, and whatever method they use for determining draw length, they just measure the draw weight on a scale within that range.
Make any sense, or just more confusing?