1. its based on what manufacturers submit
2. its based on a read of the specs.

I'm not sure how that makes these awards prestigous. I guess Audioholics can be forgiven a little puffery, but still, as you can see from Genes responses here, its not usually their style.

There is a little more to it than that:

Best Regards; Gene DellaSala (GDS) Audioholics.com