I'm fine with LW karma not being worth something as part of a reputational economy. In fact, I'd prefer it if we didn't total users' karma at all and just kept track of it per post, as a measure of how good an individual post is. The temptation is too strong to think of a user's total karma as actually meaning something ("reputational economy"), when there are all sorts of confounding factors like the number of posts made, how new someone is, how wittily they write, and how much people agree or disagree with their posts.

I wonder if people's position on this correlates with how much karma they already have.