Earlier quoted context omitted.
"Prestige" of a peer-reviewed article in a particular journal isn't the most important thing. What matters is how well-cited your work is. Peer-review is done by contributors to a journal, so you could get the same from a free service.
Citations help you out in the long-time limit for sure; "worlds 7th most cited chemist" is definitely an improvement on "another dude with a bunch of Nature papers." But I would imagine that when you are going toward important early-career milestones (postdoc/assistant prof/tenure), they are mostly looking at your recent work, which will not have had time to accrue too many citations unless it is the absolute hottest…
There is a larger problem at work, however, of university administration and departments using these sorts of signposts to decide who is worthy. I think both widespread managerialism in unis and a poor funding climate are both at fault.