So, is your argument that, because tptacek has 200k+ karma that its comments and submissions are upvoted more?
I would argue that the content of submissions stands on its own compared to the total; I've not once checked a user's overall karma before voting.
And it's still not on point. The point is that for the people we really need to worry about, it's not about karma at all. Get rid of karma, I agree with you. It serves no real purpose.
But, the problem of gaming the system will still exist - it's all about money. I can drive views to my site or product without karma.