The moderator doesn't have to approve every posting. Just watch the list, toot the lifeguard whistle from time to time when swimmers go too far from shore or bother others, correspond privately with problem posters, have the power to check mail from a problem poster and use it wisely, including permanently sending their mail to the bit bucket if necessary.
Tom P. O88
That's exactly what the mailing list software is set up to do.
I just took a look at the administrative website, and I'm prepared at the drop of a hat to implement a Moderation Policy. All I need is a list of who's on the Moderator Team.
I suggest we bat it around for a few more days, though. No sense in making a quick decision.
Ed Poor
wikipedia-l@lists.wikimedia.org