Well,, what you said is something cool, but somehow, i don't think downvoting will solve the problem. i've in many occasion come across an account with 2 reputation and post very frequently ... maybe the developers should find a good approach to solve this kind of problem.
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The spammer @locikll mentions, still has about 700 followers. And gets a few upvotes on every article.
Currently you are allowed to post every 20 seconds I believe. So this guy publishes a lot. But it isn't necessarily against the rules.
That being said, I doubt that this behavior will do steem any good in the long term.
I agree that it still occurs, but by down voting we reduce the bandwidth of these users such that they physically cannot post as much every day which reduces the spam. I agree that the developers need to do something, but until they do I cannot see any other way to limit the bandwidth of users like these other than to downvote.