Cousin Eddie...it's a head to head league. If I remember right the stat categories last year were pts, fg%, ft%, rebounds, assists, blocks, steals, turnovers...and one other I can't think of, as their were 9 categories to avoid ties.
Winston...never tried a live draft with basketball. If enough people are interested I could set it up that way, but for now assume an auto draft with your pre-rankings. If folks are interested in a live draft SPEAK UP!
Yahoo isn't ready for the league set ups yet, but when they are I'll post the league and password on the board. Looks like their's more than enough interest to get a league going!