if the metrics are objective (and not too hard to attain) and anyone who's here in good faith can achieve it I don't see it as a bad thing. this would allow for users to have more say in what goes on with the site while also enabling mods/admins to more easily discern people who are trying to stir up drama from those with legitimate grievances.
if we need to in the future, this would also allow us to more easily hold mod/admin elections, referendums on site decisions, etc.

edit: oh fuck you edited more stuff into it