Indeed Karma seems to be misbehaving a bit (also: I owe jester a point of Karma).
The first point I stripped of was fine, but then I tried to give it back, I could only give a lump of 2 points.
Same when I tried to take the lump away again (hoping that I'd only drain him one.
EDIT: I think what happened (for me, don't now what problem jester found) was that the board saves not just karma balances, but also karma actions. I could smite and applaude, but only relative to his original 13 - and so could not move him to any value other than 12 or 14 without waiting for atleast an hour. A safety mechanism so that no-one simply smites someone into the ground in 5 mins.
@Jester: If I haven't put your karma point back tomorrow, please remind me.
EDIT2: @Jester: I just point your Karma Point back, the one you're missing is the one K_V ripped.
Karma appears to be working fine.