Can you set neutrals to +1 I want to feel better about myself and strongy believe at least half of my missin rep is neutral and not -rep
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Only being a display isn't a reason to just go ahead with it. Post count is only a display, but however many people respond with WELL THAT'S JUST SAD!! it's something that matters to a lot of people, and something that conveys a level of worth.
Saying that by the time someone else got lots of rep I'd have more is a totally void argument since that clearly still holds true with a like system, and as shown the disparity is even greater with such a system, without the chance for them to rise quicker by having older members' support. I don't see how it is difficult to see that it's far easier for newer members to go up in the ranks when other people can boost them properly as opposed to everything going in increments of 1 forever and forcing system abuse for anything to ever change.
There's absolutely no reason to assume that likes would need less moderation than rep (you're just pulling that out of thin air) and in fact considering it would be so easy to abuse it it's reasonable to assume that the opposite would be true. Not considering certain reps as "pointless" would stop that entire issue, and again you could then just say that anyone using the system to openly bully people could be dealt with on an individual basis. Very easy fix, no need to install a new system for it or take anything away other than the report rep thread.
I prefer the reputation system by far, and no reductions in rep power either.
Don't tinker with what isn't broken, ie the Awards with badges with that other system that was then scrapped.