Not really. There's a couple of users who have just started frantically spamming the report queue recently with hundreds of reports a day probably because theymos announced the possibility of merit badges. It's clear some of them are actually just looking for things to report because they're reporting old threads that haven't been posted in for ages just to be 'locked' or spam posts from ages ago. Just saw one report from January on a spam post. Is that really essential? Nobody will see or miss that post whether it's there or not. Do I really need to waste my time deleting hundreds of posts long buried in a bounty thread? All it does is swamp the queue with things that are either going to take a long time to handle or not get handled at all and increases the chances of us missing something important that needs handling urgently.
There probably should be two report buttons or two queues or something. One for urgent things and the other one for sig spam or whatever. Maybe there could be dedicated mods/patrollers that handle the sig spam etc. There's thousands of spammers and bots making thousands of posts so it's never-ending.
@LoyceV and @esmanthra
Well, looking at hillariousetc's reply, i believe the increasing number is not 100% people who report to make this forum less spammy than before, because they start when this idea comes up. I believe you guys understand too that there are many people would report post to have something shiny under their name (especially when it gives some feature), and the fact that we can report so many times in a day make it easier, people will spam it and moderators will be flooded with reports from users. Affter they reach the finish line, some of them will stop reporting spam.
What I want to say is, it's a good thing if theymos make a system that has a continuity for this reporting system, so users will be motivated to report, even if they dont like it so much. LoyceV's idea of adding new rank when lot of people already have the highest rank is great. It is a form of continuity too, my idea is resetting counts per certain time, maybe like per 6 months or per year.