Is there a way to create a "Digg" like site in Drupal. Basically I want to create a site based in "social voting". The users should be able to vote on specific items and based on this "democratic" behaviour the popularity of that particular item would be determined. I did come across a module "drigg" but was not too impressed with it. Any other alternatives ?
You should check on the voting api and maybe fivestar if you need a rating system. As MPD suggested, Flag could be helpful too for this. But for a digg like site,... I think your safest bet might be Vote Up/Down. Then of course, you'd need to create views to display the front page, or each different category based on how many votes your users submit.
For historical reason I'd like to mention the Drigg module and the now defunct Drigg site aimed to build Digg in Drupal.