You can go to the following link to get a grading spreadsheet which might prove useful for rating products in the upcoming SP/PPC 2006 Awards:
Judges Sheet
Read on for basic instruction, and feel free to edit to your liking...
I used the judges FAQ as a guide to establish the criteria, and simple averaging to calculate the grades. The grades are auto-color coded depending on the grade (A Green, B Yellow, and so on, etc.). It also includes "Strengths" and "Recommendation" remarks for the products and all product categories/names. This is the final list of all products.
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