The other day, I was chatting with a friend with ~40k rep on SO. He kept blabbering about how rep doesnt matter, etc. etc. (though I didnt ask him).
He eventually remarked, "It doesn't buy you anything in real life." to which I asked him, "If it did, would you really use it to buy anything?"
After a lot of beating round the bush he admitted that he probably wouldnt like to see his rep go down, even if it bought him something useful in real life. :P