A bad API is one that is not used by its intended audience.
A good API is one that is used by its intended audience for the purpose for which it was designed.
A great API is one that is used by both its intended audience, for the its intended purpose, and an unintended audience for reasons unanticipated by its designers.
If Amazon publishes its API as both SOAP and REST, and the REST version wins out, that doesn't mean the underlying SOAP API was bad.
I'd imagine that the same will be true for you. You can read all you want about design and try your best, but the acid test will be use. Spend some time building in ways to get feedback on what works and what doesn't and be prepared to refactor as needed to make it better.
