VERY interesting!
Wow, Randy I thought you would be TOTALLY against any form of moderation....but granted, we have never met.
Moderators are NOT editors. They do exactly what you "propose"...watch out for things that get out of hand...not things off topic or not the popular opinion. They simply watch and warn (either internally or directly, depending on the model).
Like I have stated here and elsewhere...I really believe it is inevitable as the # of users grow. As something becomes more popular, fringe personalities wind up joining and changing the flavour of the board. For it to change too much too rapidly would mean valuable posters departing (IMO). Don't misunderstand, change is a reality...but through negative or highly disruptive posts/people...this is not change for the better.
My opinions (once more

)
Dorian
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Dorian's Star Alliance RTW Price Chart:
http://www.informationlab.com/rtw.htm
Blondebomber's Star Alliance Comparison Chart:
http://members.home.net/deercroft/starall00.html