It's hard to explain, but immediately clear to enough people that it explains why so many people aren't sad to see SO fall on hard times.

I get that there have to be some rules, but it comes across like you derive some sort of satisfaction in enforcing rules. Successful sites with user moderation start out with a big population of people who will tolerate the rules in order to participate in the goal of the site, but eventually they end up dominated by people who feel that the very act of enforcing rules is an important contribution. All of the talk of "community" comes across as a thinly veiled version of Cartman's "Respect my authority" from South Park.