Hmm, naughtiness...
As for moderator, I'd be up to it. We'd all need a good understanding of what's appopriate and not, what goes too far, etc.. As for coloring text, putting warnings, all good ideas. I do think that there are people sensitive to nautiness on this forum, and we don't want to take a chance and offend somebody. Don't worry, there will still be lots of room to have fun