Yes. The rating would be for the crossbars themselves. They are made from a very thin tubular aluminum. Their strength is derived from the fact that they are bowed upward, in essence making them " pre stressed". As the weight pushes down it increases the tension pushing out and allows very little movement down. Say for intance you are carrying 2x4's home from Lowes that are 12' long.....it would be important to make sure the weight was balanced between the bars for optimum safety. Too much weight in the front or rear could result in failure.
As far as the rails that connect to the roof, it seems the TE's would be winner in load capacity department. Although I personally have never had my rack off, they appear to be some sort of cast aluminum. I believe the SR5's and Limited's actually have plastic feet that connect the rails to the roof, or at least that's the way they appear in the pictures.
The roof construction itself is designed to carry the vehicle, without collapse, in the event of a rollover.