Well, I would suggest to people two things...
1. There is a handy dandy "report post" function to use for any posts with which there is a perceived problem. I know you know about this Alex, so I would recommend that you use it when you feel a moderator should be moderated, the same way you use it when another member should be moderated. But I state it for everyone else here, as they may not realize there is this function.
2. There is the recourse to complain to Brian. As Brian indicates, he has received one complaint in 3 months. If you don't like how the board is functioning, or you have trouble with moderators, etc.-- PM or email Brian. He's the guy who pays for all this and spends inordinate hours making it work and he is the primary decision-maker.
As I indicated, in this thread alone we have two opposing complaints already- one for less moderation, one for more. Is it any surprise that we are rather limited in our capacity to make people happy?
I think what might be important to remember is that this is a discussion board. It's wonderful, it's a great way to talk about important issues, it's fun. It's also not the be all, end all to life. This isn't your government, your religious authoritative body, or your workplace. If it doesn't run perfectly according to your needs, isn't that to be expected? I know that all other organizations in my life don't run perfectly according to my own desires! And at least our imperfect governance doesn't result in economic downsizing, wars, or religious tailspins. Perspective, people-- perspective.