I'm all for the community to come up with a better moderation policy.
I was just joking on my previous post so no hopefully no offense was taken. And yes, I'm all for the community to come up with amendments to the existing policy. It seems like there's some good ideas in the other thread. The problem is that we don't have the power to say "Ok, this is what its gonna be like" and implement the Forum Moderation Policy (or FMP for us lazy peoples).
I'm going to assume that you, Elvis, are the only one whose decision would probably be respected the most on the topic of FMP amendments. We have ideas but they're not implemented.
How about creating a series of polls (these should actually be meaningful, imagine that!) which lists the different options in reguards to such things as locking topics, deleting whole threads, deleting posts, editing posts, what counts as abuse, etc. This way, you and the mods, will get a better idea as to what everyone wants in reguards to a FMP. After a certain time period, take the results, weigh the pros and cons and write a new FMP or amend the existing one.
I hope this idea garners some kind of positive response from the higher-uppers in this community. We have ideas, we just need to get the ball rolling, y'know?