The rating system will remain in place, albeit modified in scope. Instead of being able to rate members every 15 minutes, members can only rate other members every 24 hours. Whether or not it is being abused affects a handful of members and not the entire forum. With that being said, since less than a dozen members brought this to light it goes without saying that that this is a personal issue rather than a forum-wide issue on a system that predates current memberships. Prime example: It only affects members who seem to have issues in other areas of the forum.
I would strongly recommend seeking out the source of the negative ratings rather than ask for entire system removal. But as I said before, think about what you post before you post, because that to can also lead to excess negative ratings.
BStyles