As this construction was new to me, I wanted to see it. Here are two random examples. The green points are centroids of the triples of points. <hr /> <img src="http://cs.smith.edu/~orourke/MathOverflow/FivePointsr34.jpg" /> <hr /> Concerning the question, "Can the circle be generalized to any conic?": certainly not straightforwardly. <hr /> <img src="https://i.sstatic.net/K2ZCB.jpg" width="500" /> <hr /> ***Update.*** Here is an illustration of Aaron Meyerowitz's theorem, for $N=8$, $m=2$, showing coincidence of the $\binom{8}{2}=28$ lines through the hexagon centroids $q$ (green) and (in this case) perpendicular to the line through the two complementary points: <hr /> <img src="https://i.sstatic.net/HHm5S.jpg" width="500" /> <hr />