A typical benchmark dataset for recommender system (RecSys) evaluation consists of user-item interactions generated on a platform within a time period. The interaction generation mechanism partially explains why a user interacts with (e.g., like, purchase, rate) an item, and the context of when a particular interaction happened. In this study, we conduct a meticulous analysis of the MovieLens dataset and explain the potential impact of using the dataset for evaluating recommendation algorithms. We make a few main findings from our analysis. First, there are significant differences in user interactions at the different stages when a user interacts with the MovieLens platform. The early interactions largely define the user portrait which affects the subsequent interactions. Second, user interactions are highly affected by the candidate movies that are recommended by the platform's internal recommendation algorithm(s). Third, changing the order of user interactions makes it more difficult for sequential algorithms to capture the progressive interaction process. We further discuss the discrepancy between the interaction generation mechanism that is employed by the MovieLens system and that of typical real-world recommendation scenarios. In summary, the MovieLens platform demonstrates an efficient and effective way of collecting user preferences to address cold-starts. However, models that achieve excellent recommendation accuracy on the MovieLens dataset may not demonstrate superior performance in practice, for at least two kinds of differences: (i) the differences in the contexts of user-item interaction generation, and (ii) the differences in user knowledge about the item collections. While results on MovieLens can be useful as a reference, they should not be solely relied upon as the primary justification for the effectiveness of a recommendation system model.