Unverified reports should not hold any value imo, let alone be used as the primary basis for censoring "bad stuff/people."
These reports are cheap, easy to manipulate, and completely influenced by human emotion/baises aka shitcoin.
Not mentioning the culture of Mob Rule and Public Policing they would encourage, I consider that worse than centralization.
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I strongly disagree. I think they are an important tool to highlight bad actors everywhere and we have seen them working with many impersonators and scammy accounts in the past.
You will thank their existence when you report your first impersonator to alert your followers that that is not you.