To curb the jealousy issue... what about "secret" mods? People who have mod powers, but have no indicators that show it, so unless they told you, you'd never know.
Or you could like have two regular mods and one secret mod, just to confuse people... pick your favorite to me the secret mod, and then nobody knows who your favorite is (Miroku's gonna be the secret mod... I can tell... :-p)
Of course, this secret mod has to be the most trusted one, as they aren't under board member scrutiny, but I honestly can't think of anyone on the board at all ('cept maybe Carol, but that's just 'cause we've only known her for a few days) who isn't that trustworthy.
Also, you can have new accounts made with new names, so nobody knows who the mods are... I dunno, I'm just kinda rambling at this point... not sure how to end this guy off...
*turns into Melissa*
Love and puppies!