If I were a moderator here, I'd behave the same as I generally do in the forum, trying all the while to exercise good judgment, fairness, objectivity, and patience. I would not seek to change another member to suit my preferences about things, but try to resolve things as objectively as I can.
I am actually a moderator / administrator on another fan related website with a forum of about 1600 members on it. I take pride in what I do in that particular forum, and although it is sometimes not easy to please all the members of that community, I think it's not just about controlling or dominating the forum, but striving to keep things harmonious between a great number of people through various backgrounds, cultures, religions, and nationalities.
This is a great forum, it's not over-moderated, but it also has rules and guidelines that keep things harmonious here, thus it is for that reason, that I wouldn't change a thing about this place; well, I might add a few more smilies to the list, but that's not something major.