Personally, I go for products with gravity between 50-75. This means that the sales pages can definitely convert, but the competition is still quite low. Some of these products are in obscure niches where you can do quite well.
Of cooourse, a lot of people swear by the other end of the spectrum. Why re-invent the wheel when you find a product with a gravity of three hundred? You know its converting, and converting well... so just jump on the bandwagon and ride the wave.