If technical solution is not realistic, an other solution would be to propose a vote to the members for what ranking system parameter they would like by default.
Bootie, if you think the ELO is vague, here is a proposal of a simple evaluating Player Value (PV). It is simple and balanced.
With this system, a player can reach the top of the ladder and can also down at the bottom. No position is nearly definitive.
It reflects at everytime the real potential of a player, and everybody has a chance to reach the top of the ladder.
Don't worry, i am not leading a revolution ! The debate is not to introduce it in the Blitz system. It is only a way to show you that many efficient and precise possibilities exist and could be an alternative at the "vague" ELO as you speak about.
cheers.
Hubert
Idiots dare everything. That is the way to recognize them (Michel Audiard)