Yeah, I sadly (as much as I'd like to vote
) think it would spoil it to let just anyone do reputations, it must be said...
For it to work the elite members would have to make an effort to make good votes as well as bad votes when they see fit, because it's very easy just to notice and do something about it when it's negative. I reckon there should also be a policy of not voting on posts where there's a personal issue which would bias things - reputations must not be a way to get at people you don't like.
/ 
