It would be difficult to create a review panel, so I will scrap that idea...
The moment an account is created the person receives 10 rep, 3 Steem Dollars, 3 Steem Power, and placed in level 1. Each post, depending on Inspiring/Uninspiring, reputation is earned . A specific number of Inspiring votes causes the reputation to go up, but only so far. That inspires the author to post more quality content and the next post will gain more, depending on votes. To counter vote abuse, after so many votes either way, (lets say 100) it will be flagged by the system and reviewed. This could take up to a week for flagged posts to be reviewed, so a group would need to be hired with proven writing ability. But as you said, it would be hard to find a great group of people with that skill level, and I already scrapped that idea. lol
I am happy to admit when an idea was not the best, but I am a thinking kind of person, and love to brainstorm.
Thanks for the reply. Well thought out. I will give you level 5 and 10 SD with reputation 20! :D
Have a great one!