Karma for posting is a horrible idea--it encourages people to post for no contribution. Tracking 'thumbs' might be a good idea, but even then I wouldn't be keen on making it very prominent. Just on your homepage a little score for you to see how many people like your stuff would be fine. (And on people's infopages, I suppose. No need for it on every post, though.)
I also like stack-style replies for technical or otherwise questioning threads, complete with rewards for being useful.
If people want to chat with other pinsiders, they should do so in the OT area. I'd support wholesale moving of posts to a 'chit chat' thread when topics are derailed. Posts like "oh hey, how are you doing" do not_ belong on a topical thread on a public forum.
I would also support auto-hiding posts with a certain number of thumbsdown.