Straight from their January newsletter:
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January News

The following are some of the new services and guarantees which will go into effect beginning February 1, 2008


* Launch of our new VGA (Video Game Authority) Division to grade sealed video games!
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Isn't this kind of pointless? Grading SEALED video games?? Yeah how about a Playstation 2 Rez graded... What can happen to these games if they're sealed?? I could kind of see a graded loose cart/disc (condition of the sticker/disc, plastic case, working/non-working, inserts, booklets...).. but sealed games? wow...

What do you think?

I think there's no market there... except maybe for some NES cardboard based box games...