Utterly Mad

That's a nice idea since it'll make it easier for people to know which mod it was, although it presents the problem of maybe being confusing unless the mod adds a name tag to the edit.
Red should definitely stay off limits for mod edits though, it does feel a little too agressive.

I guess you're right

Third draft for the rules would look like this then

1: Don't be directly offensive to another forum member in an aggressive or hateful manner.
2: No directed racism, or comments that follow the actual definition of racism, such as being said in a hateful manner.
3: Don't spam, double posting is fine occasionally as long as there is a reason to do so.
4: Offensive, sexual, seizure inducing and questionable content should be placed behind a spoiler with an appropriate warning clearly written in the post. The official colour for content warnings is Yellow
5: No embedded images of porn, links are fine but the forum itself should remain porn free.
6: No links to webpages that you know aren't safe, or may be questionably safe.
7: Do not attempt to work around a ban, doing so will likely result in an even longer ban or permaban.

Specific rules for Mod behaviour
1: Do not cause "The Moddening"
2: Do not censor creative endeavors ;Artwork, Stories or RP
3: Censor only offensive content as defined by the rules, not based upon your own personal opinion.
Mod-Edit colours will be;

Bubbadoo

ajwilli1

Perigrin

Lorknis

Dusty Trails

If that all seems fine and Perigrin is okay with editing it into the original post then I think the forum rules should be fine, obviously edits may need to be made to it still.

I'm quite tired at the moment and somehow that didn't quite make sense to me or I did't explain what I meant by content warnings properly.
An example of what I meant by content warning, which I believe you suggested the idea to me back on the C:DDA forum
There's some weird shit in this spoiler tag, be careful *Description of weird shit*

Spoiler (hover to show)

Weird Shit

But did you mean mod edits would be yellow, such as an edit from the mod in charge of that part of the forum, and an admin, such as yourself, would edit in red?

I can deal with teal I guess.