I think the key part of it is 'Best Painted
Team'. I have found that it is a common convention to choose the team that overall has the most positive effect on you; the team that you will remember the most from the look of it. This will include, to a greater or lesser degree, some or all of the following:
* The paint scheme - the choice of colours for uniform/skin/hair etcs
* The quality of paint job - the shading/highlighting/blending on the models
* Conversions - the quality and number of conversions, if they add extra uniqueness and style to the team
* The overall theme / look of the team - if the team looks like a unit, a complete working amalgamation of players all working for the same coach.
I have found after talking to alot of coaches that the team that wins the prize is the one that scores high in all of the above catagories and that tends to stick in the mind of players that have seen it.
Case in point, I was asked by 3 or four different coaches if my I was leaving my demons out for the painting prize. I have no illusions that they would have won ( they are mostly only base-coated afterall) but I do know that the uniqueness of the conversions and the models did have a big effect on guys who noticed the team...
(now all I need to do is spend some time on them doing a nice paint job
)
*Mr. T pities the fool. Chuck Norris rips the fool's head off. *