I really don't understand why we even have a respect system, it will never truly reflect what type of person you are/acting like. Other trolls could +1 other trolls and really the respect system has absolutely no point unless everyone in the community is mature enough to not rage and only +1/-1 other people when they deserve it.
The respect system has no purpose and really wont make any difference whether or not it stays. The current respect system cannot be relied on due to the people who troll by -1'ing and people who +1 each other for no reason. Even with the only +1 system your only solving half the problem, people will still show how unreliable the system is by +1'ing unnecessarily.
Really the root of the problem is trolls, and ignorant people who +1/-1 without reason, however you cannot rid the internet/community of trolls and idiots. I think the +1/-1'ing should be left to moderators only.
The entire idea of a respect system is to see how helpful/trollish people are, people in this community have shown not everyone can handle the responsibility of dictating how a post is helpful/not. People should only +1 when a post is helpful, NOT funny/humorous/cool, and only -1 when the post is trolling/spammed/similar.
tl;dr: you better have fucking read this, its about you.