Interwebz points (or interwebs points) are an unofficial currency of internet chatrooms and discussion boards. They don't count for anything, but some folks still "collect" them as a badge of honor. Originally used positively as a means of recognizing another's kindness, may also be used sarcastically to highlight another's status as a noob.
Thanks for the awesome vacation suggestion, TheTopDog, +10 interwebz points for you. ASSMUNCH1337, your suggestion sucked, -1,000 interwebz points for you.
A series of tubes that deliver information around the world via computer. Also known as internet or interwebs. Courtesy of Senator Ted Stevens (R-Alaska):
"The internet is not something you just dump something on. It's not a truck. It's a series of tubes. And if you don't understand those tubes can be filled and if they are filled, when you put your message in, it gets in line and its going to be delayed by anyone that puts into that tube enormous amounts of material, enormous amounts of material."