Ah, PE the fun class. Essentially like recess during middle/high school since recess is gone after elementary school. Sure, it's been tedious most times, but when certain days roll around like, let's say a rainy day, and you're stuck in the gym for the period, and the gym isn't in use by another coach, or it's a collective agreement. DODGEBALL!!! The most fun you'll ever have in a PE class.
I think that class should stay, but I would agree, it should be grading students for effort and teamwork (even if the student doesn't do too well, the fact they put any energy into it and give a crap about their health) especially. I did feel quite a bit of shame for my school when I heard from my sister (last one to attend the school) that at times, instead of playing games like dodgeball, football, gym hockey, or soccer (those fields were quite empty much of the time), the classes are inside playing DDR and Guitar Hero as the class. o_O
I don't want to be one of those people, but I am getting fairly sick and tired of hearing how much more sedentary the country/world is getting these days. I understand when winters get really damn cold (like last year), but every other season, people should get off their lazy asses sometimes. A good place to start is as early as possible, and PE classes are a good start. Just keep it fun, educational (how to play sports, how to apply teamwork properly, and not play dirty, and get/keep the whole class interested without going too easy on them (coaches can be refs too)); teach them the proper way to stay in shape/fit, how to use exercise equipment (if provided) properly and safely. It's called Physical Education, not just "P.E." or "That smelly class" or "Pep Rally Snooze-fest Practice".