Note: these flag decisions were reversed, and soandos's flag weight was restored. This discussion remains for historical completeness, but the issue has been resolved.
These flags were declined because of a misunderstanding and some miscommunication. We're still having some discussions among the moderators about how to handle things like this in the future. ...
waffles' just deployed a fix that has removed the flag weight.
Fine, I removed flag weight. It is gone.
Instead you now see a count of helpful flags you raised on your user profile. You can not see this number on anybody else's profile, just yours.
This number can be clicked to give you a breakdown of how we counted it.
The 2 badges ...
Above a flag weight score of 500 the increase with each flag accepted as helpful becomes non-linear, with an upper limit of 750.
This effect is unrelated to your reputation score.
The MSO faq page What is flag weight should confirm this, with the original source being here.
However, the flag weight not changing despite your continued flagging is based on ...
how do flagged comments affect your flag weight?
that have been removed. Why can't I view the comments I've flagged?
Deleted comments can be seen only by Mods. Flag weight for comments aren't recorded, so you'll to remember by memory as to which ones you had flagged