@mrosenquist you make very good points. The real issue we need to solve is the "too much power in too few hands" that we currently find as our dynamic. The cap rule would help this a bit as it would naturally force a flattening of the bell curve if you will. However as you point out it has it's issues.
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As an alternative, how about we put in controls which limit how many votes you can make in a tag or category? It might disperse the voting more and make whales look at a greater variety of posts. I threw together a few ideas a posted them here: https://steemit.com/steemit/@mrosenquist/steemit-proposal-for-developer-and-community-evaluation