The problem is, you only would see the content that was removed. It is also extremely one sided. The modlog isn't what it was, and now they have removed legitimacy from it by removing the names of the mods and admins who did the enforcement, even though it was already relatively easy and straightforward to create a moderation alt. So you don't get the visibility of any moderator abuse either. There's also the fact that moderators and admins do lie.
A community dedicated to calling out power tripping mods exists because it affects everybody and there is no moderator of moderator decisions, save for admins who, if not part of the problem also have other problems to deal with. There is no power tripping user because users basically have no power. The counter to yepowertrippingbastards for users already exists, it's called being a moderator, and they get to "post" about it in a modlog where their and only their word gets posted, where they are allowed to do it anonymously under the cover of seeming but not actual unanimity, and where users don't get a chance to tell their side of the story. Mods also have their own internal groups to address concerns of problem users.
Having a public community about it both makes those moderators who participate seem even more insecure and would also be a source of drama as they try to create a new version of the modlog in community form while finding out communities are not homogeneous.
