I was wondering why there is a 1000 reputation reward limit for accepted edits. I started to be more active in fixing code indent and other things among SO questions and I was enjoying the fact that this would bring me +2 for every accepted edit. I was thinking of fixing a few questions every time I was bored so that I could have gained reputation and helped people to read questions. But suddenly I discovered that there's a 1000 limit on this feature.
The other way to gain reputation is by suggesting edits to existing posts as a new registered user. Each edit will be peer reviewed, and if it is accepted, you will earn +2 reputation. You can only earn a maximum of +1000 (500 edits) total reputation through suggested edits, however.
I admit this discouraged me a lot.
Is this in order to block stupid edits from reputation whores? Why don't just add a per-day limit instead?