Just read Cmdr Taco's journal on modding. I have an interesting idea for him. He complains that too many people are getting +5. I agree. But I think I have a solution. It will also address the problem of posts with too little comments modded at all.
The modding system is not to give out points. Rather it is to rank comments so people can read more or less. But, even if every comment is great, some only want to read the greatest of those. But if every comment is bad, sometimes people want to read the best of the worst.
Thus, I'd say that better suit a curve, rather than straight points.
Perhaps, people should not have a point applied to their posts per moderatrion. Instead, moderators should be able to moderate what they think about a message, and then a curve should rank them all. Something like:
So, this would remove the need for "redundant", "underrated", and "overrated". Either you say you like it, or that is is flaimbait.
Now, I'd even go further and do the same with negatives, and make a negative 1-5. The most modded down gets further negative.
This may make only four mods. Two postive, and two negative. The two positive would be, "Interesting" and "Funny". The two negatives could be "flaimbait" and "off-topic". The reason for two postives is because some care for funny and some don't, and similar on the negatives.
As for processing on the system. The curve only really needs to be generated every 5-10 minutes for stories that had more than x mods. This would even allow for a seaparate curve for those who care for funny, and those who don't.
Finally, this would eliminate the need for meta-moderation, as one or two mods would mean nothing. Just hand out a lot more mod points to more people, and let many people decide together what is best, instead of having one moderator immediately affect a comment.
So, besides that I ramble to much, what do you think?