I'm not opposed to the general idea of "whales" having power. However, for purposes of curating power, I would like to see earned steem power count for more than purchased steem power somehow. How much money you put in has no bearing on the quality of your curation.
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I agree. Curation should be for those who are paying attention to the content. Of course the whales do do that. But they also run bots 24/7 that make it impossible for anybody who spends more attention and time than them to compete for curation rewards.
I have seen no reasonable argument in favor of bots. If Steemit is to be a money making scheme then bots are great. If it to be a content creation site with accurately curated content, they are terrible.
I'm currently writing a 3 part series on that issue and a possible solution that most people won't like lol. I hope you'll check it out :)