That would be neat. Then we could use "flag" to mean "really good" and restrict upvoting to those-in-the-know and those-with-lots-of-karma. The main page would then be just a front for the underground hackernews community :)

Wow, actually I like this idea.

You want to see all your spam trophies?

something like that..., but I was really thinking of something resembling the "Best of the Worst" of the last-man-standing reality genre (American Idol, Last Comic Standing, etc). It would be good fun to occasionally look at the list of flagged posts just like it's fun to occasionally poke fun at William Heng.