Strict moderation is the reason HN is the only reasonable discussion forum remaining on the internet. I wish good moderation was a skill that more people learned - would you ever be interested in writing a guide or teaching a class on moderation?
Not at all. It's rather the community that makes it a reasonable discussion space. Most people here understand that this is not Reddit and that proper answers are needed when you interact with other members. Of course moderation is useful and necessary in certain cases, but it's certainly far from being the key factor here.
I run a group of 20,000+ people, and if I didn't set the tone on what the group is about, regularly, the value of it would drop to nothing.
I love my community. But I absolutely recognize the role I play in keeping it a nice place to visit.