i think as you do stuff and stay active on the forums, you get more experience and stuff. the points get you promotions similar to the BOBO's Trainer and stuff. and i think you can buy virtual stuff (and sometimes VIP) with the experience points.
not sure...waiting for the front page post.
after looking at all teh points you get for stuff, i should have like more than 1000 right now.
seems like they have only made them work for a certain portion of users. regular users like dont ahve any points yet, even though i should have like 2k.