The same thing could be said about writing content and never getting 'discovered' by a whale. There were lots of posts about that before the experiment. There are still lots of high paying posts - even after they receive flags. (Check out the trending page.) The difference is that the high paying posts now are the ones that have lots of dolphin votes.
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So you believe that this has a positive effect on the 'quality'?
It's a great question. I don't have data on that, so I don't really k. As a long term thing though - if/when the site scales to billions of users, a wider group of individuals (dolphins and minnow) are going to be able to do a much better job evaluating quality than having a small handful of ~50 users doing all the evaluations and decisions themselves.
That is true. I doubt 'quality' was the leading factor when they voted anyway.