Earlier quoted context omitted.
WoT is pointless when people can manufacture identities that trust each other and build a fake trust score for an id used to spam or whatever.
WoT can't be effectively spammed, unless those spam accounts are trusted by people you trust. The spam accounts can vouch for each other all they want (a la Twitter), but you control whose trust you value.
Good example: I want to see everything my Aunt Susan is doing in her personal life on Facebook. I do not want to see anything ever for any reason that has to do with her Zynga games.
A single trust score doesn't really encapsulate that relationship and it's very possible she would effectively breach the WoT by allowing Zynga to send me messages, notices or e-mail in exchange for her to get a shiny new Farmville tractor or something.
I stopped using Facebook because of this kind of crap. I don't have the time, energy or interest to deal with people I do know sending me crap I don't want, and more importantly Facebook's flexible definition of privacy and customer service. I had Facebook change my settings away from their desired state more than once as part of an "policy" or "feature" update.
So I guess the meta discussion is about whether you trust the holder of the trust. LOL.