Be able to hold chords without fret buzz.
Know open chords and switch smoothly
Know some basic barre chords (playing without buzz is a plus)
If know you scales you're ahead of the game I think
PLay the songs you know without stopping in between the chords.
Like riffs? Melody? Shred? Free mp3s? Acoustic guitars galore? Download tunes from my new acoustic album, classical guitar album, or hard rock albums at www.randyellefson.com