Eh come on, it can't be that difficult. Make sure people follow the rules, which at the 'Dojo I'm guessing simply means; making sure people's little rucks don't turn into all-out forum war (preferably by extinguishing the flames as soon as you notice them start), moving topics posted in the wrong area, merging stuff that doesn't need to be separate, and finally by keeping an eye out for bots and other undesirables which only join up to advertise things.
Becoming mod can carry a brief elation, though it is shortly lived. It can fracture friendships, as well as the way people you never had a problem with personally look at you. There comes a point were the fatigue from having to be "the decider" in matters of unending drama can take their toll. And it's never the black and white situations that are complicated, it's the thousands of shades of gray in between. There will be times when your knee-jerk reaction to snot faced members trying to call you out leaves you wanting to bop them in the nose, but you can't. A mod always has to be above fanning the flames of drama and has to be reserved in their responses. I think being given a mod title can be associated with prestige, or it being an honor in most regulars minds. But at the end of the day, putting out fires and taking flack for doing so can gradually over the years make you a little bitter to the point where there is no such "status" with being a mod any more, it's only worth it if you really love the community and want to help keep it healthy even if people come to resent you for doing so. The effect is subtle over time I suppose, but it is cumulative, like a snow ball effect. Think of it as being Batman, only not as cool. :P