John,
I completely understand, and also agree that having the group setting is easier in the long run, but the problem still remains, if a group wants to have a moderated default group setting to make sure nothing falls through the cracks, then the approve and unmoderate button is not then doing its intended function.
I mean, to me at least, the way it works (differently depending on default group setting), can be confusing/misleading.
Cheers,
Christos