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The problem is, unless you give everyone the ability to moderate all the time, not everyone will HAVE mod points - and as a result, only some students will get the ability to moderate, which is highly unfair if grades depend on these marks.
Conversely, giving everyone the ability to moderate cheapens the value of a mod point, and in some cases, still won't solve the problem - once a comment is as highly rated as poss
This means that one can trust the moderation to some extent and even give students marks based on how well their comments have been received by their peers.
However, it is of course a problem that some students may not have mod points. And losing the ability to post is a serious problem.
We have actually had major problems getting slash running at all (so I can't comment/play with your proposed solutions
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