First i gotta say, everytime i come on here at night its me and Paul cause you guys are all asleep, and were a day ahead and 3 hrs back.
I'll start the Q factor explanation, mainly because im bored and cant sleep.
The Q factor is the distance between the pedal and the bottom bracket or i guess it could be called the distance from the pedal to the chain rings. Its the width from pedal center to pedal center. Hell i dont know which one of the above it is, but i know its the width. Basically, you want a Q factor narrow enough to give you a good aero profile and one that keeps your knees as close as possible together, without being too close that your rubbing your shoe on the chainstay or crank arm. Having the adjustibility of a Q factor could prevent injuries? Cause based on biomechanical descrepancies between different riders, you may need your pedals further out or in so that power application is applied downward without twisting your knee into odd positions throughout the stroke.
Want: 58cm Cervelo Soloist. PM me if you have one to sell
Vintage Cervelo: A Resource