Wow. Lot of posts while I was writing my Epistle.
As for the Mods, I agree with Eskimo. The more the merrier in general. Initially, this board probably does need a large "police force".
I hate listing some because I'll leave some good ones out. I apologize in advance.
Seagoon, Sandman, MT, Nash, Straffo, Nashwan, GhostFT, Sparks, Laz, Oboe, Wotan, Maverick, Eskimo, Charon, Thrawn, Funked, Holden, Crow, Slapshot, Karnak, Gunslinger, Silat, Nilsen (but we have to put a sobriety interlock on his keyboard on the weekends

).
These are all guys that are around a bunch and I just never see them really out of line; they usually can make a cogent argument and seem to be able to see both sides of an issue.
I'm sure I left some out, but that's off the top of my head.
Now, Known or Unknown?
I'm not sure. My "gut feel" is that if we pin a badge on these guys we're going to see the "young guns" that just have to call them out into the street.
Now if we make them anonymous, you have the MA situation. The job gets done, people still whine but it generally dies down pretty quick when they realize they have no one to really whine
at.
I'll toss out one other possibility. Generic nametags.. Mod1, Mod2, etc.
As someone mentioned we could have a "Mod forum" where the indignant could go for summary judgement.
They could post that they'd been unfairly moderated and give a link to the thread. A few Mods could check it out and give their views briefly. In short, feedback. In this forum, Mods should be able to delete excessive replies. The injured parties state their case, give the link and
zip it. Excessive crying in there would just get deleted. Posts from any but the injured parties and the mods gets deleted.
The bonus is the original moderator will see what his peers think about the issue. Kind of a check/balance thing, which I like.
I'm not sure the Mods really need to be know to each other if they have generic name tags. Eventually, they'll "learn" each other from that.
Besides, there's many typing characteristics (telltales or "tells) that will give folks away. I'm sure I have at least a half a dozen of those ..... know what I mean? There's my .01.
Oh, LePaul and MiniD are already doing a decent job over at Check6 too.