Not that I necessarily think they're scary, it's just that I don't understand why anyone would pay to watch other people getting tortured and killed (even if it's all obviously fake, it still LOOKS real). No thanks. Comedies, please.
I've never seen a reputation system abused on any other forum I use that has it, so seeing it abused here is rather mind-boggling.
One forum I go on goes by a "karma" system and has a lock down of two hours before you can give or take "karma" from that same person again, but there's no limit on how many times you can give it to different people in a day. Another forum with a similar reputation system to this won't let you give reputation the same person again until you've given some to other people (a button message will pop up saying "you must spread some reputation around before you give it to that person again!").
It works well on both sites and I think it could work well here too, but people need to stop being idiots about it and spamming people with negative reputation when they don't deserve it. That defeats the entire purpose.