The whole issue of image density and fading is a very complex one. There's a good article here
http://albumen.conservation-us.org/l...ly/chap11.html
The rest of the site is well worth reading. It's a lot more scientific than most people are used to, but I feel that some of the cards are getting to the point where their historic and monetary value is enough that a professional approach to conservation and understanding of the print is warranted. Not everyone has the means to even approach the full archival conservation that a large museum can manage, even libraries cant usually find the resources. But understanding the print will help us make better choices about handling and storage
The image density is measurable in a repeatable scientific way. So yes, if it was worthwhile a grading company could determine the image quality accurately every time. But it's also expensive, so it wouldn't make sense for most cards.
A couple points to comment on.
I might have been unclear on is the detailed grade explanation. I don't feel this is something that should be done as a standard practice by the TPG as it takes time. And it's really pointless for many cards. But I do think it should be offered as a premium service for a price that the TPG can consider profitable. Maybe on walkthrough/imediate level cards at first as a test? If a card is $7500+ and you're paying 200 for grading another say 25-50 to have the details included somehow would be worth it to some of us right?
One poster commented on grading companies not grading based on size. I can state for sure that they do reject for size even with no evidence of trimming. I've had two T206 cards rejected, one for being too short, another as miscut. The short card is short, but isn't trimmed. The other also isn't trimmed but has rough cuts showing more than typical chipping top and bottom. It's unusual enough that I believe they didn't feel comfortable calling it unaltered. I have no problem with either rejection, both seem fair. And the cards are still very nice.

I sent them in on specials, so someday I may check to see if the short one might be done with a cutom insert. probably not, but I might ask.
Steve B