Then you would be able to see new posts, but filter them by say 5 points so that you know they were found interesting by 5 others.
It might make new posts more discoverable.
What we really need is a relationship between points and number of click throughs / views.
If a post has 100 views and 4 votes, it should be roughly equal in value to a story that has 25 views and 1 vote.
In fact this ratio approach might help bring more attention to the really high quality technical articles that are esoteric but high value.
Take a tech-focused BBC article for example, which often hit the front page. They are typically pablum with low value content, but they receive lots of votes relative to everything else because of their popular appeal. Since they appeal popularly, I would expect that they get an order of magnitude more views than an blog article exploring the minutiae of LXC containers. Those number of views should serve to devalue each vote that the article received.