Another example is the very sophisticated system used by Slashdot, which has arguably one of the most challenging signal/noise ratio problems of any site, given the volume of postings and its empassioned and technically clever posting (i.e., gaming the system is built into their genes). It uses a combination of automatically selected distributed moderators, meta-moderation (i.e., moderating the moderators), karma, and friends/foes tagging (i.e., trusted/untrusted) to enable very fine-grained filtering of useful, trusted content from useless, untrustworthy content. For an interesting history of how Slashdot's moderation system evolved see How did the moderation system develop?
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