I don't blame Vic for his decision one bit. A reasonable person (which he always seemed like to me) can only take so much for so long. I hope he returns to the forum at least if not as a SYKCO customer, but really, why should he?
As for the moderators, I have to think they're in a tough spot here. Sure, it's just another internet forum, and these are luxury items we're constantly talking/complaining about, but I think they must feel like they are in no win situation.
Trying to keep up moral, and dispense discipline at the same time is never an easy job. Add to that all the "mystery" and you've got yourself one hell of a job.