vbulletin 4 will be final and gold by the end of the year so not sure where you got that information. It is already in a public beta 3 stage.
Moderation is a global element always has been. The application can not work how every last customer expects it to work. Customers are free to change things to suit there needs. However as stated if you wanting us look into it then when I get into an active beta cycle I have no problem looking at how things can be changed.