I could be wrong because it has been a while since one of these contests, but didn't there used to be a penalty for picking the incorrect winner? Wasn't it 50-x if you were right and 45-2x if wrong? Personally I think next year there should be some way of penalizing missed places like (I think) there have been in previous tournaments.
For example, the 7th place pick had Rikku over Knux by 2.5%, which seems wrong to me somehow. But again for the first year this system is fine, this is probably a better discussion for this spring...
---
If you think the fastest way to a man's heart is through his stomach, you're aiming about 8 inches too high.