This plugin helps to keep community blogs clean. There must be some unwanted posts if blog is open for anyone. It Lets visitors to flag those posts.
This plugin is useless for any personal blog with a single writter. This is usefull for article directory and community blogs where there are multiple writters. It is life saver for blogs with open permission to write.
If there are multiple writters, there must be some unsuitable posts. This plugin helps to keep the blog clean from such post.
Moderators are good. You may don't need this. But it will definitely help the moderator.
You can send suggestions, bug report and anything to firstname.lastname@example.org