On other website making sites woth forums, like phbb and invision, they have a unique moderation panel. I believe we should allow more options. Maybe to see:
•Reported members
•Reported Posts
•Announcements from Admin to Mod

Forumotion has a report system for reported posts. For announcements between staff members, you can set up a forum that only allows certain staff groups to see it.

Could you please explain in more detail the reported members feature?

I vote no, it's a bad idea

I think this is not needed (yet), I voted no.

Of course
Voted yes!