Need help figuring out the best way to work with moderators

[Taragon]

You can overlook most things at the Statistics & Logs settings at your admincp.

Often people don't understand the merge and split features, make sure you teach them properly.

Not really the question, but, never ever give people access to your ftp account. Make sure they can't run queries, also I would disable the forum manager and permissions.

Set your account as undeletable or unalterable using the config.php and make sure there's no way people can ever overrule you.
This may sound harsh, but better to avoid than fix.