This is a good initiative to rank up members as much as we can manage
But I think this would hoard the 40 merit point into one single person and its not the point of the Merit system, its should be given to anyone deserving it including those post you not agree with, as soon as you see one, so far I've never seen one that I can categorically characterize as such.
I myself still haven't spent my sMerit yet but plan to spend it as soon as possible to get the system move just like an engine and economy in the real world, when there is part stop moving the whole system start to collapse and break.
I think a healthy Merit system is where Merit spending velocity should be at least circulate 10 times in single month to generate as much members going up their next ranking in one month, probably more than that would defeat the goal of the system.
Just my quick estimationAs I am not native speaker, I may not able to take up the challenge but would like to see what come up from this initiative.
It would be fun to see how this system moves the merit, I think it will follow the same model how
Velocity of Money determine how healthy the economy is.