it's a little awkward since it falls in the same place as the edit button, but i see it on my droid - not using a mobile app.
imo, gui based systems should never have 2 different functions appear in the same spot. i realize that edit is only temporary, but still, it's bad practice. not the fault of the admins here, but rather the vbulletin programmers.
also, (just my 2 cents more), the only thing questionable with karma was the fact that there was a counter. the good part was the little message you received.
it seems we've tossed the good part for something simpler but kept the counter.
the world will still go on, however.