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Personally, I prefer the slashdot system. Limited voting points makes you think more carefully about spending them, and being able to differentiate between +1 Insightful and +1 Funny is nice too. Also, moving popular posts to the top is great for readers, but voters will then tend to upvote the already popular comments.

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Agreed about the value of differentiating between different kinds of +/-1. Also Slashdot's meta-moderation is a significant advancement on its successors.

Disagree with the meta-moderation. It makes the site very echo-chambery, because people start modding up posts in line with the groupthink so that they will get meta-moderated positively.

Lack of a slashdot-like voting system is one of the reasons why, on reddit, subreddits become unreadable when they they hit a number of subscribers (e.g. 100k).

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