A Different Olympic Score

All of the rankings of Nation Olympic teams that I have seen only count the medals, thus a nation with 3 bronze medals is equal in rank to a nation with 1 gold and 2 silvers (they both have a total of 3 medals.) But what if you give more for gold and silver? In High School track and field they used to give (and I assume they still do) 5 points for finishing first, 3 for second place and 1 for 3rd place.

Using such a scoring method lets look at the top teams who have 3 or more medals as of 9:46 PM EST on Feb 15th.

Medal Count
1.Norway 11 medals (1 g, 5 s, 5 b)
2. Russia 9 medals (4 g, 3 s, 2 b)
3. USA 8 medals (5 g, 2 s, 1 b)
3. Germay 8 medals (4 g, 2 s, 2 b)
5. China 6 medals (1 g, 2 s, 3 b)
6. Austria 5 medals (2 g, 2 s, 1 b)
7. Canada 4 medals (1 g, 1 s, 2 b)
7. Italy 4 medals (1 g, 0 s, 3 b)
7. Finland 4 medals ( 0 g, 2 s, 2 b)
10. Sweden 3 medals (2 g, 0 s, 1 b)
10. Netherlands 3 medals (1 g, 2 s, 0 b)
10. South Korea 3 medals (1 g, 1 s, 1 b)

Now rank by the value of their medals using points for 1st, 2nd, and 3rd as we did in track and field. (gold = 5 points, silver = 3 points, bronze = 1 point)

1. Russia 31 Points
2. USA 27 Points
3. Norway 25 Points
4. Germany 24 Points
5. Austria 17 Points
6. China 14 Points
7. Sweden 11 Points
7. Netherlands 11 Points
9. Canada 10 Points
10. Italy 8 Points
10. Finland 8 Points
10. South Korea 8 Points

This isn't important. It is just an observation at how different the rankings look if one considers the ranking of the medal as well as the number of medals.