Didn't seem to answer the #1 question I had in my mind - how do they cache votes for logged-in users? Do they, say, cache a generic front page and then apply the user's prior voting choice via JS? Or do they cache the page only for the general public, and for logged-in users just cache their voting history and generate it on-the-fly?
However they do it, they do a damn good job. I'm always impressed by how responsive Reddit is, along with the other highly dynamic / high load sites like Digg, etc. They manage to stay up and running fine even with all that going on; but just a link on their front page to someone's blog, which should be almost static, crushes that server into goo. Shows the power of good design!