Best Books Lists - Useful or Not?

The website education.com published a list of fifty books they recommend that kids be familiar with before they start Kindergarten.  It joins other lists like NYPL's 100 Picture Books Everyone Should Know.  Recently updated, the ALSC School Age Services Committee revised the Early Elementary Reads List in a downloadable format.

Do you try to make these types of booklists available to your community (whether homegrown or sharing lists like this)?  What do you think of the choices made by the above lists?