Posting from Barrow, where it is not too very cold today.
Personally, the moderation, or lack there of does not affect me at all. I know exactly where all the information on FT that interests me is located and I am a master at ignoring, silly, meaningless, even annoying and outright disruptive behavior on the internet.
The post moving can be a little annoying when one is following a thread and then, POOF, it is gone. That, however, is not a big deal for me as I don't follow many threads that actually get moved.
My biggest concern is the effect that all of those closed threads in Miles Buzz has on the newbies who get Miles Buzz as their first impression of FT.