i thought ditching the 5 win limit was a bad idea too... in high school I did It's academic (broadcast on nbc locally, its like jeopardy with calculus etc...) and after doing a year on a competitive team, you realize... intelligence helps, but the guys who sit in a corner memorizing worthless fact sheets are the ones that win. Its really just a memorization test, which kind of surprised me, but i guess it shouldn't have in retrospect. Analytical intelligence really help that much (especially since jeopardy doesn't do math).
BTW, the most common questions (almost one a day) are about who was president when something happened, who was the nth president, etc... you only need to know the order and the terms that were less than 4 years to start with
sorry, ranting.... shutting up.