First, you should pay attention to the designer behind the model. Many will link to articles they have written or to philosophies of investing. Read their comments on our forum or through any other sources (e.g. blogs) they might use. The closer that their thoughts are to your own, the more that you'll be comfortable with their systems.
Pay attention to the risk metrics. Look for models with risk profiles that meet your needs. Volatility, drawdown, and the Sharpe and Sortino ratios will provide lots of information on how much risk each model assumes.
Look at turnover. While one might consider this as part of the risk metrics, it is also a practical indicator of how much time you might need to devote to following the model. Consider also that there may be tax implications of high turnover strategies. You might think very differently about a model intended for use in your IRA than in your cash account.
Finally, look at how the model performed since it was launched. Once a model goes live, the designer has no control over it aside from the ability to make infrequent, minor and fully-disclosed revisions. Portfolio123 tracks how the live model's recommendations have done since launch and communicates this to you by calculating returns under what we regard as reasonable assumptions representative of what subscribers do. Past results are no guarantee of future returns, of course, but it is still important to understand how a model has performed under various real-world conditions.