There is not good evidence that peer review improves quality and there is perhaps some to the contrary (many predatory journals are peer reviewed).
The arxiv (unreviewed) is among the most reliable sources available.
Yeah, it's almost like science is better when the scientific method is applied to everything, instead of delegating validation to some third party based on credentials or authority or social status.
Peer review is a sniff test. It cannot guarantee that the results are correct and the conclusions are right. It is just designed to limit some kinds of errors. Replication is important.