I think this exposes the bigger problem of metrics in general. It's hard to determine how much impact research has, particularly in the short term. I'd be interested to see what the outcome of the REF is, but I remain sceptical and apathetic towards it, as does everyone else I've spoken to.
[1] : http://www.ref.ac.uk/
[2] : I get the impression it does anyway - I'm not involved in it this round.
There might be other models that work (other people mention Medley). The attention span for an HN clone is too short though.
It's simply a matter of choosing where to invest your scarce time. A paper from prestigious authors/affiliation presumably has a better chance of being worth your time. So such papers get more attention and hence more citations, even if they might not have been the most novel or the most comprehensive. The same also applies to papers in high impact factor journals where citations have some kind of a positive feedback loop.
I want this service to have an API so you can easily push content to other platforms like Tumblr, facebook, or your own personal website, housing all your content on my site.
I would use this. I believe in paying people for their hard work and I want the money to go directly into their pockets. No overhead.