Do You Have Influence?

EGO boosting aside, Nick Hac @ Shifted Pixels has done up a table of those in Australia of whom are most influential on the micro-blogging platform Twitter.
“As we couldn’t find an equivalent list for twitter – we put together a list of Australia’s most influential Twitterers. This is a draft version for now and im sure we will release a more accurate version soon.”
There are sites out there such as http://twitter.grader.com/ that have attempted to measure:
“The power of your Twitter profile” but not necessarily the amount of Influence you have.
Do you believe Nick has the right formula?
TwitterRank = (Following / 10) + (Followers) + (Updates/100)
Update:
After witting this article, I have begun to see blogs emerge such as the following: Measuring Influence vs. Popularity give it a read





Hey Ben
Great new website design btw! Well done!
Mate just so you know, this list is automagically updated hourly with the latest stats
This means as ppl become more influential they will go up the charts, and if they snooze– well, they will lose
Thanks for blogging this