I can't say I'm too pleased. I tried testing it out with Audy and Klippy yesterday, and mods + supporters can see their rep, and it's not anonymous. Thankfully, normal members see their rep anonymously. If they hadn't, then it would have caused big problems. But, some stuff might come up as "Whoever gave me bad rep is stupid".
I was never there when rep was allowed (I think it was three years ago?), but I still know what these things can do if they're abused. I'm personally against the re-implementation of Reputation because I'm pretty sure it will get abused and/or start drama among PC, and the staff is going to have to stop it. >:
And, since I'm against it, I don't plan on giving anyone rep, be it good or bad.