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RE: Can we have downvotes and at the same time prevent 'flag wars'?
Very interesting discussion, and some useful potential solutions put forward.
In terms of some arbitration committee, I guess the process of election would be most difficult...
I think there should be a committee of respected users elected by the community and equipped with sufficient delegated STEEM power by Steemit, Inc.
That would need some thought, and consensus building.
Yes, true, I didn't think too much about the details yet, because at first I wanted to see if anybody (respectively: enough users) are interested in my ideas and ready to discuss them further ...