I think let's not put too much attention to a bad or good reports. If you are like me then I don't even care to report. I like my time here. But if you are like some huge reporters then the bad reports will be just a drop of the ocean.
I don't care about the report statistics, but I am curious how certain things are handled. Like this particular case that I mentioned. In my opinion, if report reason #1 is wrong, it should be market as bad. But that shouldn't automatically mark report #2 as bad as well. If, of course, reason #2 is reported correctly.
About me reporting or not. I do report whenever I come across something that shouldn't be there. But I don't even have 1000 reports to my name.