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.
I will bet 500 karma that a funny picture thread will appear on Less Wrong within one year. If anyone is interested in the bet, we can better define terms.
Right now the LW software doesn't support karma transfers. Until it does and we can develop a more robust prediction market, let's just record the karma transfers on the wiki page that already exists for this purpose.
I will also give 100 karma to anyone that donates $10 to the SIAI before the current fundraising campaign is over.
10,000 karma for the first person with a karma transfer source code patch?