On the other hand, I would feel extremely uncomfortable if they /did/ moderate the comments. Because that sort of activity can quickly snowball from their just deleting spammer accounts/comments to zapping comments that they disagree with or feel is not in the company's interests. Especially since the users do such a good job of cleaning up the trash themselves (honestly, except on the occassions when I read at comment level 0, I never even SEE these MyCleanPC or other spam/troll comments anymore).
Yes, there are plenty of other places on the 'net where anal mods have free roam, we don't need another. I don't agree that the users here do a good job of cleaning up. They do a very good job of promoting circle jerking by instantly promoting mundane comments to +5 Funny/Insightful/Interesting for agreeing with them. I always browse at -1 for that very reason, once in a while a -1 comment will actually have something novel to say.
I wish Dice did better editing the SUBMISSIONS
I agree! But that is a problem to which my original explanation also applies. They've got no reason to clean it up. Posting craptastic submissions just spawns threads much like this one, where people discuss how god awful /. has become and how much better "the olden days" were. /. is unique in the way it handles news aggregation and user composed content. Dice has just elected to take a dump all over the concept to maximize profits. They could do something about the shit that keeps dripping on us, but why should they when we keep coming?
I find that blocking submissions from Roblimo actually takes care of most of the idiocy that gets posted, at least the obvious for-profit stories goes away. Now they just need a spell checker, if they get that right we could go for gold and demand they also fact check.