<< Everyone says Huges have a great performance last night and deserves the gold, but isn't the whole thing consist of short & long events in which she in fourth place in the short event. The Russian chit did well in both events, so overall, I think she should won (because of consistency). >>
Yes, but the long program is worth twice as much. You take half the short program rank and add it to the long program rank to form overall standings, with tiebreakers determined by long program standing.
For example, Hughes got 4th and 1st, so:
.5 * (4) + (1) = 3
Slutskaya got 2nd and 2nd, so:
.5 * (2) + (2) = 3
Tied in score, but Hughes gets the tiebreaker.
That's also why Kwan was ahead of Hughes before Slutskaya skated. With 1st and 2nd in the short and long program, respectively, she had a score of 2.5, but when she fell to 3rd in the long program, her score went to 3.5. Interesting, isn't it?
I didn't come up with this scoring system, I'm just explaining it to you. If you don't agree with it, and think consistency is more important (so the short and long programs should hold equal weight), take it up with the ISU or whoever came up with it.