I give rep points whenever I see someone adding something of value to the forum. Simple as that, doesn't matter if they have 20 rep points or 600.
I've also signed my name on the very rare occassions that I've given negative points (maybe 3 times), for what it's worth.
I've enjoyed the changes, and I spend way more time on the baseball side(s) now. In the months leading up to the board change I was essentially scanning the baseball side for news and spending time on the non-baseball side of the board. Now I'm back to reading just about everything, because the quality of output has increased quite a bit.
It doesn't bother me at all that some people have a ton of rep points. It doesn't bother me either that a post count is displayed. Just my opinion though, on all of the above, I feel like I should add that.