So I'm thinking the points may be used to get things you couldn't normally. Say, if you wanted an extra companion, or to make another account if you already have 3, or even for awesome IC weapons or skills that are really rare. Like I said before, it could be set up like "If you reach 500 points, you can pick 1 Wasteland Survival chapter to complete any way of your choosing (without having to actually do it.)" Not to mention bragging rights.
I'm also thinking this will be a great prize for the contest. If you win you get 100 points (cause I can award them as admin)
AAAND we could start a commission service where people get points for taking requests. I'll have to look into trading points, but I wouldn't mind just giving them to someone who was willing to draw or write something for another player.