In the spirit of open discussion...
When you see "edited by moderator's name" at the bottom of a post, it smacks to me of a kind of censorship where we change peoples' writing.
That said, I personally read virtually every thread and post on the site, aside from truebluefan's news updates. I don't ever recall you or any other mod deliberately abusing the extra mod functions to penalize a particular poster. I can see that if you're the one being edited that you feel picked on, and if someone else's gets missed, it may seem unfair. Oh well.
I once was driving down the street in Palo Alto at the same speed as the other cars. Cop pulls me over for speeding (40 in a 35). I said, "look at all those other cars, they were speeding too!" and the cop said, "I pulled YOU over." She clearly had no clue who any of us drivers were. It wasn't picking on anyone, just that I had a red car
And for the record, I ask to be treated like any member of the site. Mods are free to edit my posts, delete my posts, whatever. I have 38,500+ of them. I won't miss a few here and there.