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"1500 karma was the most you'd see for a guy who saved an orphan from the streets", keep drinking this is great stuff :) -actually sounds like something Matt Taibbi would write.
I agree that having the "hub-wheel" top out is a good thing. It's a way to see that what you're saying or contributing is appreciated. Thats it. It's not a commodity. I think that the one "motivator" that is in place now is how many followers one has. I'm not here for the competition, but if I were that would be one way to know how I'm fairing.