Interesting idea, could be a worthwhile addition to the forum.

However, the #1 priority should be HTTPS - I was shocked that it wasn't supported when I joined the forum about a year ago. Not supporting https is way more of a privacy issue than the chance of moderators being malicious - didn't the hack on ubuntuforums start with stolen moderator credentials? If moderator actions are performed over HTTP, then this a foreseeable risk.

A cert costs all of about £5/yr...