I don't know why the website won't let you enter as a guest, but here are the basics of the league:
Offensive stats are total bases, SB, BB, & neg points for SO
Pitching stats are a comination of ERA, WHIP, SO/BB ratio, and saves
It is a 10 team AL keeper league. Each team can keep 10 players or a max salary of $6million (salaries are determined based on prior year points scored * $10,000). Generally due to the salary, everyone can keep 2 high priced players, 1-2 mid level players, and then 6-7 inexpensive players.
The available team is set-up really well and includes high-priced players like Manny Ramirez, Troy Glaus, Brad Fulmer, and Tim Wakefield. The mid-priced players include Jerry Hairston, Brad Radke, Mariano Rivera, and Arthur Rhodes. The cheap players include Vernon Wells (he was signed as a rookie so he's still cheap), Jacque Jones, Reed Johnson, Jeremy Affeldt, and Rafael Soriano.
There may be a second team available, I'll know next week. If you think you want to join the league, let me know and I'll get you set-up with an ID in the league.