New Report System?

I can see it is probably done to discourage people from fake reporting, but it seems a bit stupid. Does it have a limit to the amount of times you can use it to report per day?

Yay for measly meso sinks? I see no point having to charge. It'll just make poor newbs go "oh i don't want to waste the money so why bother?"

1K mesos to report hacker pl0x.