That will not work. If SP has sqrt voting power then anyone can increase their power by about 41% by simply splitting their SP into two accounts, and increase it even more by splitting into more accounts. Only the most aggressive value maximizers (which overlaps somewhat, but not entirely, with abusers) would do this, leaving casual users with even less power.
RE: Screw Malicious Flagging: 1 Flag Vs 130+ Votes