The short answer that everyone has been waiting for is:
To pursue the question a little further:
1. Moderating probably isn't as fun as you think. Rather, 1% is fun, and 99% is monotonous. I perform about two actions routinely, rarely doing anything besides moving topics and warning people.
2. Moderating does not really increase your social status. About the biggest social impact moderating has had on me is getting a blue name. =p
3. Moderators are strictly chosen based on how the administrators and other moderators think they can help and perform. If you are a responsible, considerate person, then you well on your way to becoming a candidate the next time a new moderator is needed. When choosing moderators, we factor in the age, number of posts, length of time the member has been here, if they have a history of breaking rules, as well as the quality of their posts, relevant moderating experience, and how well they fit into the Soda Shop. Other things are factored in as well, but these are the main ones. Usually, when selecting moderators, we will either contact potential moderators, or allow anyone to apply for a position.
Here's a little secret to help you on your way:
The more responsible and helpful you are, the better the chance of you being picked when one of the existing moderators falls of the face of the earth (gets busy). You can be helpful by reporting posts that break rules! This can save us time and energy in resolving problems.
Seriously, this saves us time and helps us to fix problems faster. You can click the report button at the bottom of a post to report it. It helps if you give a short description of why you reported it as well.
Thank you for all of your questions, everyone, and for reading this topic! From here on, I will defer any people with moderator questions to this post.