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What's the point? If the EC is proportionally distributed by population to where the population is... why have it at all?
For the same reasons it was implemented in the first place: it acts as a buffer to purely populist insanity. If, for some reason, people decide to vote the next Hitler into power, the EC could chose to become faithless electors and make the change. under normal circumstances the proportional allocation is superior, but having that safety valve is important, IMO.
Sorry to godwin it, but it was the best example I could think of.