I think its not a great idea.
Mods are like politicians, they need to be held accountable. Users are like the citizens/residents, if someone did something wrong, there should be judgement by the "court system" or in case of an online forum, judged by moderators. A civillian not involved in politics (aka: doing forum moderation) shouldn't face as much scrutiny as a politician.
We protest when politicians do bad things. But we don't form a mob and go to a civillian's house to harass them when they do bad things, that just brings the pitfork mob mentality. A user who isn't doing moderation shouldn't have to face a mob, such a community is just gonna become a place to harass users.
TLDR: Moderators should face more scrutiny than users. Users shouldn't have to face a mob's judgement everytime whenever there's perceived wrongdoing.