Si's point about the turnout is true, if you happen to be unlucky and miss a couple of regionals where the general turnout and standard is lower then someone of lesser ability could end up with a higher licence grading than a better driver who went to a meeting of higher class/turnout.
If you don't agree with F grades and would rather keep your hand away from your b0ttom then fine, but for many of us it just gives us something to aim at (other than other drivers) for the end of the season, and to those who haven't been doing it long or have come back to it, it is a measure of improvement, though not 100% accurate, granted. The seeding at regionals (by whatever method) I believe is important in heats assuming you want to get in the highest final you can. IMO in any heat at a regional all the drivers should be within a lap or so, perhaps a couple of cars being lapped by the leaders.
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