It seems as though the statistics show that the rich will just get richer (in terms of the gap b/t very high rep and non very high rep users) while the poor will get poorer (literally, poorer). Many users solidly in the middle class will pay the biggest penalty for this change.
How is this going to fit into the current philosophy of our larger community?
I'm a firm believer in applying policies that will actually fix the problem with no unknown or uncovered potential negative impacts. I'm not exactly sure what problem/issue this proposed change is actually going to solve. If anything, low rep users will only ask twice as many questions that still suck just to get the rep!