When I noticed this list got posted to the wiki, I decided to follow my own advice. You can see my work here:
http://dom3.servegame.com/wiki/Artifact_Hints .
I added descriptions to all Tier-1 through Tier-3 artifacts. I also combined Tiers 2 and 3 and then divided them into 3 sections: Important boosters, Important gear for SC's, and Miscellaneous. I rely on descriptions to provide context for relative worth and usefulness. Tiers 4 and 5 were given humorous renames, but no descriptions. Finally, I got rid of all CBM changes to match the rest of the wiki. I included a place for the significant changes done by the latest flavor, but I am not going to be writing it.
Edit: Comments welcome, as our pointing out mistakes. I double checked the entire list, but these things do happen.