1-4 is bad bad bad. 4-5 is good. It's actually a binary system because almost everyone who doesn't hate it, gives it a 4 or 5.
Items with lots of ratings usually have 4+ because of the way things average out, whereas newcomers and small businesses tend to have terrible ratings because one bad rating can skew the whole scale. You can terrorize or bankrupt small companies or creators with a few bad :star ratings. So, if they get some bad ratings, they will often ask friends, employees, etc. to login and give it some more good ones. 😅