I was somewhat shocked yesterday when the re-calc dropped my rep down ~250 or so (on SU)... OK, fine. I read the info and started doing my business. I hit the max cap of 200 yesterday, after the re-calc, and now today I'm back down again... Not sure what is going on. I was under the impression the re-calc would happen and then we could all move forward from there. Is this not the case? Are there recurring re-calcs?

What's more... I even got a mortarboard bronze badge... So that sort of implies that I did hit the cap. However, when I go to http://superuser.com/reputation it shows that I never hit the cap, and, in fact, yesterday, I only got 60. Is it possible that the old calcs were used, and then at some point the new calcs were applied?

I know, I know... Many people will say, "Who cares, it's about helping others and getting your own questions answered." OK, I get this and I like this. But it would be nice if I fully knew how it worked. For a long time, my rep was steady, growing expectantly. Now, for the last few days, each time I log in it changes +/- 200 points.