No, no. More comments than votes counts against the article. Articles which are punished by that are submissions that are more controversial than interesting.
Well that is quite an interesting signal. I hadn't thought of this. Looking at the ratio between upvotes and comments really is an interesting take on the matter.
I would believe, that PG had analyzed a lot of articles, to find a good ratio, that does penalize these kind of controversial topics, that he does not want to gain too much traction.
What I do not understand though is the fact, that controversial topics are penalized in the first place. But that is just me, one who loves to argue, to find optimal solutions (or to see, that there are really only two believe-systems at work).
Apparently it penalizes articles if number of comments > number of upvotes, so I doubt much analysis was involved - it's unlikely that it would result in such a simple ratio.