As Pmalek said, there should be some consequences for a bad report otherwise mods would be flooded...
This got me thinking. I wonder if theymos has an option to prevent a user from reporting? Let's say I am angry at the world
of Bitcointalk, and I just start flooding the mods with hundreds of posts per day for the fun of it. They will obviously notice that the same user is just spamming and falsely reporting. I have never heard that someone got banned for overreporting, but I am guessing that's what would happen if the user didn't stop after being warned.