I actually do agree with HappyCockroach. Members of lower amount of reputation is fatal to have their submissions quite ignored; plus, by psychological means, the most initial stimuli a person accepts, the more he embraces them. So, hypothetically speaking, if they watch the top reputation submissions firstly, those are the ones to be elected.
Then, another problem will come up: If some people at the end of the contest consider their rating as unfair, the judges will be accused once again, so, I think the current voting system is on the edge of the preferable results.
Oh, by the way, I am in too!