Total, embarassing noob here, so here goes nothing: if you wanted to create a karma-based reputation system that treated user comments pretty much the way Slashdot does, but slashcode had never been invented, how would you go about it? Is there an OpenSource CMS that comes close to doing this?
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Why not use the real deal?
Edit:
Somehow I missed the comment in the middle about Slashcode. Sorry.
I’m still curious why you wouldn’t use Slashcode, but what I’d probably do is give moderation to all logged-in users but give their moderation weighted values depending on their involvement and something akin to meta-moderation.
Thinking about it, SO and /. aren’t that dissimilar in their community ranking strategies. Karma and involvement having a lot to do with how often you receive moderation points….
Extracted from comments:
Vanilla with the Community Moderation add-on may be a good place to start.