This sounds like a big improvement. I was gonna put more cash in (only $1000), but what's the point if it makes little difference? Having all the voting power in the hands of a few means people posting content to please whales rather than just good content. Also makes it easy for someone to be targeted and have their work wiped out by malicious voting, seen some of this and it made me lose some faith in Steemit.
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That is the very reason they are doing this, they want it fair and want people to come in prospering for using it. Even the whales have been not liking the way the voting works so I am glad to see they are also on board to let the little guys have a shot too. This should improve a lot for us. Now our votes count better, we can help our favorite authors get ahead and at the same time see our Steem Power doing work for us as we grow it. Win Win so far from what I seen and read about this.