Damn straight. The only kind of moderation I appreciate is the kind that I exercise myself: locking and moving topics for one-time offenders, blatantly and offensively editing posts for repeat offenders.
Arbie, if you don't mind, though, I'd like to change the description of this forum, as I think the narrow scope I've previously held the forum to doesn't really match the capabilities I have in moderating it:
"Are you having second thoughts about a great idea? Let other forum members determine if the benefits of your crazy ideas outweigh the possible legal risks! THIS IS NOT A FORUM TO DISCUSS HOW TO COMMIT CRIMES!"
I think that direction could be a heck of a lot more fun, and it would encourage a lot more constructive user participation.