Andy, See Archie's response above. He states in part:

"The club has put forth an intial grading standard that hopefully will be picked apart by club members and a grading committee to modify the initial grading terms that have been published as a starting point ... with the hopes that somewhere down the road an ADJECTIVAL descriptive grading system (not a NUMERAL grading-by-the-numbers system) will be the accepted standard used by the majority of club members."

This was the purpose of putting it out for all the membership and appointing an oversight committee.

Nate