brotherhood_of_LAN - 2:43 am on Nov 21, 2012 (gmt 0)
>What would be good reasons for having a moderation policy?
Complying with applicable laws. There may be scenarios/communities/pasttimes where moderators are not needed, or total freedom of speech and direction is preferred, but at the very least, pre-moderating your content can keep you out of trouble.
There's also the search engine angle, as anyone posting adult content could get you flagged by a searchengine & hurt your SE traffic.
btw, in regards to relevant forum, this one [webmasterworld.com] perhaps? Anyways, a mod will leave a trailing post if it does indeed get moved.