Definitely, I think introducing the activity ranking system was an attempt to prevent account farming. If I remember correctly, signature campaigns started to pick up during this time, as well as the value, and publicity of Bitcoin. Therefore, the forum was subject to more posts, and more account registrations. I'll have a look at the data of this later on when I've got a bit more time, so this is all off my memory at the moment.
Is this one the first signature campaign in the forum?
https://bitcointalk.org/index.php?topic=215769.0