I've been pondering this for awhile, because I can't see to find any information on it, but what exactly does Karma do? If someone could explain it to me, or give me a link to where I can find out, that'd be great.
Also, has reputation not been implemented yet? As far as I can tell, this also has no inherent effect on anything, and I think everyone has 50 rep. I'd just like to know, I've been a bit curious about it for awhile.
Thanks in advance.

should be a way to add rep to ppl...if somone were to do something awsome we could be "+REP FOR JOO". id kabout karma tho.

Karma only counts how many days you were active. Nothing more.

Reputation, as far as I know, does nothing at all.

it's funny since Karma logs days active we have almost all of the things logged to implement my years-old reputation calculator

You lost one karma point for every post of yours that gets deleted.

Does anyone read the FAQs?
Ever?

Nope.

Linky. That's the official explanation right thar. I think it's lockin' time.