Or at least they are to the best of my knowledge.
No, mods did not get paid, unless you want to count free VIP as pay, we were supposed to have access to the TER jet, but for some reason I always encountered "black out" days every time I put in for a reservation.
We didn't have set hours, but as people with supposed lives outside of TER, there were times when we might not check the boards for several hours, which is why most of the active boards had co mods.
Only gay people "do lunch" and although I am a lesbian (trapped in a man's body) I don't "do lunch"
Yes, we made fun of all the posters, some more than others.
In my case, I was drafted. Most moderators however applied for consideration and admin picked them according to their own criteria, partly based on recs from existing mods. In my case, I refused to become a mod until it was pointed out to me just how mad a certain segment of the community would get at the news. For some reason certain members here were dead set against me becoming a mod. If it weren't for them, I never would have done it, but the response was priceless. I am sure there are still some archived posts on the PO board about it. lol
Back in the day Xx was the "have all, end all" after him is was Xxx and now I guess it's just Admin. who is in charge.
I did it because I was on the board all hours of the day and night anyhow, a very good friend asked me to do it, and as I said above, it really pissed off the OTHFBC, the manginas, and the BSU candidates to have an admitted asshole like me as a mod.