When it’s being abused, the moderators will remove the flag when they see it in the queue – pretty sure they’ve recently done this a few times already.
I’ll lock this thread for 12h or until the mods/admins currently sleeping in Europe unlocks it, whichever comes first. This is the answer to the question, and until that time nothing more can be done.
We are aware of the unclear perception resulting from the community based moderation approach. There is currently no plan to fully disable this feature, though we might have a go at tuning its sensitivity at some point down the road, though not until the moderation team can get some well-deserved rest.