I think a bigger problem is that the minnows, who potentially could band together to counteract some of this, are delegating their vote, or locking into curation trails, under the idea that they will make more money. But, in my experience, I've been here about as long as you, relationship is where it's at. I'm for leveling the vote some more, as one done once, but probably not the drastic cap you're suggesting. The Whales would then just leave the platform, since their influence would be nullified completely. @markrmorrisjr
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They would still have the same level of influence, they will just be forced to spread it around. The SP will still generate the same amount of power but just not on one post. The curation awards wouldn't be affected either. I don't think many will leave steemit as there are lots of ways to make money other than excessive upvoting of a few posts.