Board of the Month doesn't really mean anything. MyETalk has been around for, what, a year now? It's a great site, but it's not exactly a board made this month, now, is it.
I love the coder of the month, though. You guys deserve a lot more attention, and n00bies need to know who to get hacks from.
We see the Board of the Month as a very great contest if implemented correctly, we are planning changes to make it more modification oriented.
What modifications are installed? Any Custom?
How do these modifications and style help the specific topic of the community?
With careful judging guidelines, the BOTM will be a very enjoyable contest.
Also, I agree that Coders deserve more for their hard work - so don't be surprised if you see some sort of Coder of the month in the future.