An Issue can be that, most of the people starts to vote for themselves only. Have you considered this option. Someone can invest 1000 STEEM his vote will be around 1$ and can make 10 S per day just voting own posts. Which makes a nice monthly or annual interests rage. Hope this change now wont reduce interaction and rewarding between participants. Correct me if I'm wrong.
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This is true. However, if certain members (we'll say) catch on to these accounts, they may decide to down-vote them to $0 payout, or worse (lowering the account rep more and more below 25).