Woolly Blue
Player Valuation: £80m
And it's not a bad thought. If I had my way I'd remove the Reputation system entirely, safeguarding it is time consuming, in fact, I've only just had to infract the person who last left you a rep comment...
But there are benefits. You're correct though in that here is certainly more conversational - hence the requirement to remove the tedious "Yeah well said mate" element to discussion.
And with regards to a community self regulating, the Reputation system aids that.
With regards to the system being a vehicle open to abuse - it's less abusable than the private messaging system.
*thinks about saying "Well said mate"
/decides against it.