Morwen is on vacation (and has a job) and I work somewhere north of 45 hours a week - occasionally more like 55 or 60. And we both have other things to do sometimes than mod (like errands, or spend time with our family, or, play Eve.) That means that moderation isn't always going to be instant. Sometimes it might even take a couple of days.
It also means, since we are the active mods, that one or the other of us is going to be doing it - whoever is available. I haven't had time to totally review the thread in question yet, but just looking at the many reports, I certainly support binning it.
If you have a problem with a mod, this is the right place to bring it up. That being said, using every time you get modded to try and dig up this same thread - where the circumstances have already been explained to you - is not appropriate. Saying 'You did this thing that I think was against the rules once, so I'm going to start shit every time you mod' is not appropriate.
If you think the mod team here is biased against you and they don't 'have the right' to mod you, don't post. If you post, you are subject to the mod team - and being subject to being moderated in general isn't something that's up for discussion (distinct, mind you, from discussion of specific instances of moderation - the way this thread started out.)
Disagreeing with Morwen, and then disagreeing with my assessment of Morwen's conduct doesn't make you right. It doesn't make me right either, but the issue has been addressed and the decision has been made. And while there have been mod decisions I was on the fence about int he past, this wasn't really one of them (the original situation that spawned this thread, or the new one). Also, if i wanted to 'brush under the rug' the way Morwen posted, it would be gone or edited. Instead we explained why. Again - disagreeing with your assessment of Morwen's post isn't brushing it under the rug. It's disagreeing.
I'm the admin, I pay for the site, so for better or worse I'm the final word on these things. Rehashing that you think that Morwen broke the rules - and mind you the circumstances have been discussed, reviewed, and explained at length here - to revive this thread is probably not the right move to get the rest of the moderation team (me, at the moment) on your side.
All that being said, I'll probably hand out any warnings or bans for the new thread, sometime in the next couple days, because generally warnings and bans involve a certain amount of discussion within the moderation team (because believe it or not, we do our best to avoid bias, and running these things past eachother is a mechanism for that), and also because Morwen is on vacation and should be able to skip the less pleasant parts of the job (for a little bit) like sending out warnings. (To the degree that something you don't get paid in anything except the satisfaction of a job well done is a job.)