Creating a Power Ranking

[Metropolis Man]

I'd appreciate some feedback on how one would go about creating a Power Ranking of tournament Diablo players. How many players beaten seems an obvious component, but I'm wondering if there should be other components — would character level be important? Would it be relevant to distinguish between how many characters a player entered in events vs. how many were still alive? Thanks for any input.

[jakotaco]

power ranking?

as in players beaten in pvp (duels) or
as in players beaten in single player tournaments? (hardcore, special rules etc)

[Metropolis Man]

This would be a ranking of players who have participated in single player tournaments — all pvm, not pvp.