That is a better explanation. I just didn't know how to describe it.
I think that you'd be surprised at just how much power you have. If you thank someone after giving them rep on that post, the thanks doesn't add any more points. However, just speculating based on my guess of how many points you have yourself, I bet that you hand out about 90 points a pop. That is HUGE compared to what people used to hand out, and a real treat to the newbies.