I have to agree with what has been said already.

I never really understood how the point system work with rep, I use it more as a "I really like what you did" kind of thing. I wouldn't mind if it is converted into a simpler thing.

Also, I think being able to send a message alongside the rep is great and should remain, it feel less hollow that way than a simple like button. Negative rep is a big no no for me, that's a one way ticket to a toxic community.

Lastly, I don't think it would be fair to do a full reset, specially for the members that have been here for multiple years.

In case a new point system is considered, my suggestion would be to divide the current points of the members into multiples tiers, for example 0-1000 tier 1, 1001-5000 tier 2 etc... and translate that into the new rep system.