I am going to be another one, that Tommy Boy you got it spot on there.
The rep has been abused pointlessly, lets all add rep just for the sake of adding rep, it has become meaningless, I am not doubting that it if it could be used appropriately then it might be worth it.
However, and I was going to comment on this the other day, but there was like 5 or 6 threads going on, about I got 4 bars, I got 3 bars, and then the rep being added, for what???
I remember when I first came to this forum, you would have all this on post count treads, oh it proves I am a better member then you crap.. if you do get rid of it, I won't be complaining.