Good point...
The only catch with creating such a distribution list is keeping up with changes. Moderators who are out of town, for instance, would be innundated with emails. Plus we'd have to do some serious hacking to make the correct panic button show up in the correct forums because of the way UBB is set up. We'll kick it around a bit here and see if there's any feasible way to implement this, but we may run into too many problems.