Totally anecdotal, it's just my perception that a few downvotes are enough to grey something out, a few more and it gets killed and people stop seeing it. The first-order effect is that the worst content just disappears. This is the best possible outcome for things that you just don't want to see. Of course there are community norms about what gets downvoted and so it works as well as it does partly because we have a pretty good crowd here that values rational, constructive discussion.
The second-order effect is that people don't post things that are going to get downvoted, and even delete or edit posts in response to downvoting. This is the dominant effect and the main reason why the system works so well, because really toxic stuff just doesn't get posted very often. The users that don't care about downvotes can still get banned.
The best thing about downvotes is they represent the community policing itself, so they don't generate the resentment that admin activity tends to. They are inherently democratic. They also scale, which direct moderation obviously does not.
The best thing about downvotes is they represent the community policing itself, so they don't generate the resentment that admin activity tends to.
Agreed!
A post at (+1,-0) is a very different thing from a post at (+6,-5) and treating these equivalently will tend to favor heat over light.
I haven't seen this mentioned before, nor does it match with my observations of behavior on the site, though I admit the calculations of how down/up votes contribute to dimming is not transparent. Do you have a reference of where the relative weighting of up vs down votes is discussed?