A few months ago I posted a rant named The surest way to gain lots of reputation on Stack Overflow - ask questions on SO Meta that got quite popular. I won't repeat its contents here - the link has it all.

Today I was happy to find out that Jeff Atwood took my opinion into account when considering the issue and changed the reputation rules on SO to award only +5 for upvotes on questions, including a full re-calc of reputation for all SO users.

Although this decision is going to cost me hundreds of reputation points as I have quite a few highly-voted questions myself, I'm very happy about it. IMHO it will lead to a more balanced reputation system on SO, which is also more correct from the viewpoint of potential employers examining the reputation of SO users. SO has become a phenomenon in the past year or so, and I'm very happy about it. The new reputation rules will make it even better.