I found this on BtB last year, some friends and I played with the settings in a free league and had a lot of fun with it. Basically, it takes the weights of stuff that make up FIP for pitchers and WAR for position players, but without presenting it as such, keeping with simple counting stats so it's easy to digest if you're not a SABR-nerd.http://www.beyondtheboxscore.com/2010/3/9/1364229/introducing-the-beyond-the-box
We're going to do it again this year, and will have a few openings. We're going to roll it out with a from-scratch auction draft, FAAB budget, and keepers. We might bump up the roster to include a handful more bench spots while only increasing the draft budget by $1/spot to give some more room for prospects, and run with a high # of keepers year-to-year. that's still TBD. It will be a pay league for $50, and we'll do the money via leaguesafe(dot)com so everyone has full confidence that their money is secure. (They handle fantasy money for no fees, and pay out as directed by the league commish, so you're not sending a check to someone you don't know personally or relying on strangers to do the same.) Entry for this year requires $100, you're paying this season plus next season, and each year you pay for the following season. This is to eliminate people tanking because they're behind this year, or playing for this-season-only and then dropping out the following year. We have 7 now, with a few maybes we are waiting for, and hoping to get the league to 12-14 teams, so there's room for a few if anyone wants to play. It's year-long points, no H2H, no playoffs. Payouts TBD based on how many teams we have, but certainly for the top 3 regardless of how many there are.