Rule 1: Is it Legible?
This is the VERY first thing I look at in a record sheet-can I read it quickly and clearly. This rule goes back to the dark old days when those of us who didn't have photocopiers and didn't want to tear out pages to cram them through a fax machine as a sort-of-photocpier did our record sheets on notebook paper with hand-drawn tracings of the damage diagram.
can I read it?
Those of you who recall an era before Megamek, when you had to fill out the blank record sheet by hand know what I'm talking about as well.
Okay, so first, it's 'can I read it?'
Next is "Does it comply with the rules we're using?"
sounds not so tough, right? well, again, in the bad old days, when all the Unbound, Maxtech, and Solaris stuff were in separate rule books and we had either ONLY basic Battletech (softcover from the original boxes) or Compendium/BMR/BMR(r)? someone showing up with a 'mech built to "Maxtech" rules had something that was illegal under the old "Level 1/2/" types of play.
so it has to compile, as it were, with the rules at the game session. If EVERYBODY is using Maxtech/Unbound/Munchkin'sguidetopowergaming/Homebrew rules, it's not a big deal, but if Joe is, and nobody else has a copy, that's getting into Palladium territory. (those who remember the monthly powercreep of Palladium's height, and the irritation it could cause, know what I"m talking about.)
So, first, it must be legible.
Then, it must conform to the construction rules we're using.
Okay, now we can start talking qualities...and that's an incredible mess, because some playing styles don't work for some players, just the way that some optional rules don't work in some player groups
General terms, if you're using bare BV (or CV, or Tonnage) to set your scenarios, it should conform in some way so that the unit, or force of units, is within around ten percent of the BV, BV2, BV2(r), CV, Points Value, or Tonnage (depending on ruleset and the rules you're using).
aka it has to fit the scenario's 'rules' as agreed to by all the players. (this means you can't put that Clan RAC on a 3025 Marauder in 3025, even if you can make it fit using the construction rules!)
Quirks is House RUles level stuff-that is, the House better be okay with it, or you can forget it as anything but fluff.
Your game or campaign may vary-but in general, a notebook sheet traced and drawn legibly, to the current rules the group are using, of a 'mech that conforms to the current rules the group are using, that fits whatever scenario restrictions your group are using for the match...
is superior to a full-color printout in laser-focused font that is illegible, or doesn't conform to the conditions of the game due to things like using special rules or a different rule-set.
Even if it's an official catalyst product, while the guy who drew his out with a bic pen and is using a number two pencil for marking isn't.
Why?
Because this is a game, and it's meant to be challenging and fun, it's not a one-upsmanship "I own the book neener neener neener" phallic volume contest.
Other opinions, of course, may vary.