ciscospot, it is done by staff members of Time magazine.
For 2006 they called it the 50 Coolest Websites. At the end of 2007 they called it The 50 Best Websites.
Here is how they explained it for the 2006 selections:
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50 Coolest Websites
How do we select our finalists? We evaluate hundreds of candidates—some suggested by readers, colleagues and friends, others discovered during countless hours of surfing. Many of this year's choices are shining examples of Web 2.0: next-generation sites offering dynamic new ways to inform and entertain, sites with cutting-edge tools to create, consume, share or discuss all manners of media, from blog posts to video clips. Think we missed one? Send us your thoughts and we'll post a selection of your comments online. There's always next year.
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It is their opinions. This is what they said about the 2007 selections:
Quote:
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Our 2007 picks are the best examples of what's new and exciting about the Web right now. Here we honor sites with exceptional style and smarts, sites that offer new and improved ways to access and share content, generate our own and otherwise enrich the online (and off-line) experience.
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