All teams have a prestige rating... and yes, those who are traditionally strong teams have higher prestige in DDSCB. As seasons progress, prestige will go up and down for teams depending on their level (and consistency) of success...or lack thereof. So yes,Duke, Kentucky an the like will have much higher prestige than North Dakota State, Elon, etc.
On the Daily Schedule that displays during the season, scores of all games are shown as they are simmed, but they fly by very quickly. But you can select any date on the Daily Schedule and select any conference (or the Top 25 in the polls if you prefer) and the scores for teams in that conference on that date will be shown...and you can look at individual game box scores for any of those games also if you like.