Let's just assume that I've hit the rep cap and got the Mortarboard. None of mine have extra scores (i.e) from accepted answers, bounties, etc. All are up-voted posts. I've got some 300 points but the engine stops at 200. Now, we've to count the down-vote. I got down-votes up to some -6. Now, my rep.cap decreases to 194.
My question is, Why doesn't the engine normalize the rep cap again to 200 from the remaining posts? Now, my graph indicates simple 194 and not 200. Why is that?
Is it because - "Once we attain the rep. cap, no other ups count except the downs..?"
P.S: I think it's related to many questions like this one