I'd maybe agree if the issue was dealing with comment spam.
The system kind of gives me the feeling of the rich get richer and the poor get poorer. I think it'll be much tougher to get to that 1000 karma threshold which will make sub 1000 users less likely to comment if their comments aren't actually getting posted. 1000+ users may also get bored of having to endorse other peoples comments. From what it sounds like it could seem like a job.
One alternative could be to only allow 1000+ users to upvote and all other users can only downvote comments. That way you still get your idea of having top karma users pick what everyone else reads. In either case I'm a fan of the Reddit model for all users.
There are lots of ideas that I think are dumb that still manage to do well so it'll be interesting to see. The free market will decide soon enough.
I suppose with 2.5k I'm one of the rich guys here. I would love to prevent what you describe as the rich getting richer, but the regulators will be regulated. If I don't do exactly as some superadmin wants, I'll be banned from comment approving myself. My only options seem to be, to put it bluntly, to become pg's bitch and do as the model requires, or get out.
The system kind of gives me the feeling of the rich get richer and the poor get poorer. I think it'll be much tougher to get to that 1000 karma threshold which will make sub 1000 users less likely to comment if their comments aren't actually getting posted. 1000+ users may also get bored of having to endorse other peoples comments. From what it sounds like it could seem like a job.
One alternative could be to only allow 1000+ users to upvote and all other users can only downvote comments. That way you still get your idea of having top karma users pick what everyone else reads. In either case I'm a fan of the Reddit model for all users.
There are lots of ideas that I think are dumb that still manage to do well so it'll be interesting to see. The free market will decide soon enough.