Okay, I've read everyone's responses to ideas and everyone's suggestions, here is what I gather as a proposed consensus:
Name: Mt. Moon
- I propose that this be its starting name. In line with its theme as a silly forum, it could be changed every month or whenever as a joke.
I think this is the one thing we can all agree on right now.
Visibility: Members Only
Non-Members cannot even see the forum. Registered members can see the forum and view its contents.
Some people disagree on this front but I say keep it. It'll keep out people looking to join TPM for the purpose of starting trouble.
Posting Privileges: Application
People apply to the Admins to be allowed access to post in the forum, like the Web Contributors Forum. The general minimum requirement will be set with anyone falling underneath the requirement rejected, except in special circumstances. The minimum requirement ought to be that you have to have been a member for at least a month. You must all have accrued 100 posts.
However, while this is a minimum requirement, it is not a guarantee. If the mods in charge of the forum deem the member is not worthy, his application is rejected and he must wait a week to reapply.
These stipulations and how to apply will be put on the 'warning' page.
An app works in place of a rank lockout. And while I know the forum will be more laid back I do have to say this method will help keep certain controversial/problem members out. The application process could also keep the younger members (under 16?) out as well.
Warning Page: Yes
If we can, once clicking to enter the forum the warning page will be displayed before going any further, basically stating 'Beware! Adult content! etc' as well as stating how to apply for posting privileges, although whether this is feasible or not depends on the board technology.
Yeah this'll be an absolute must. A warning page shouldn't be too hard to add in.
Rules: The bare minimum
Basically, rules ought to be the bare minimum, basically to avoid the forums from getting into any legal trouble or gaining a reputation of being particularly vile. So, hardcore porn, illegal porn, full frontal nudity and posting any sort of illegal content (including links to torrents and the like) is strictly forbidden. Without this compromise, I doubt our proposal will be accepted.
There has been some discussion about if certain language should be banned, such as overtly racist language (e.g. the 'n-word'). Although I don't condone it, I think at least to begin with, apart from obviously illegal stuff as noted above, everything is fair game. If people start being idiots and just spamming certain racial slurs over and over, then they can be shunned (see Moderation below). If there is a consensus that certain language ought to be banned after the board's creation, then we can implement it later. I'm not saying this to defend certain language, but it cannot truly be no holds barred if there are certain banned words.
Furthermore, apart from posting illegal content, it should be that you cannot get infracted on this board.
I think I got you Heald. No full frontal nudity........HOWEVER YOU DIDN'T SAY ANYTHING AGAINST TOPLESS FEMALE NUDITY! 
lol j/k
In all seriousness however this works out well. Language should not become an issue unless someone makes it an issue. Punishment could be a severe warning and a ban from that forum.
Moderation: 2-3 Mods
I think 3 Mods should be picked to moderate it. Since there seems to be an attitude over there being too many mods, and since there ought to be experienced members handing this forum, they ought to be picked from the existing staff force. If need be, some can step down from their current positions if they feel they would only want to mod a single forum, especially one to be as likely as volatile as this one. At a later date, if a member shows himself/herself to be capable, he or she could be modded as well. Perhaps even democratically!
Mods have a few duties: 1, they decide whose applications get approved (say like America's Got Talent, a majority of 2 to 1 means they are approved). 2, they delete illegal content, shit posts and choose what approved members get banned from the forum. 3, they decide if any threads are particularly funny and deserve to be archived. For this duty, obviously people can request a thread to be archived.
This works and goes hand in hand with the application process (see above).
As another possibility what about starting it with one existing mod and then electing the other two out of a group of responsible members who:
A-Are not currently mods
B-Have been approved for access to Mt. Moon
C-Are intrested in said job?
Other things:
Post Count Disabled: basically posts in Mt. Moon don't contribute to forum post count. This discourages shit posts, PC++ behaviour and other useless junk.
While I don't think post count is an issue overly much anymore I guess this could work out. Personally the more I think about it with the current proposed guidelines, the more I think leaving it on wouldn't hurt. However given the spammy nature of the proposed forum.....
Meh......I can see both sides of it. Can't really comment either way *shrug*
No Anonymity: People seem to overwhelmingly disagree with Anonymity, and so do I, so I guess that is no longer an issue.
Goes without saying.
1 Hour between Thread Creation: Just to stop people spamming crap threads and to encourage fresh, varied content. Works on other boards. Can be extended or removed after the board is created.
Good idea on that one. I assume this would not have any kind of effect on posting normally across TPM?
Max 30 threads: I say a maximum of 30 threads at once, at least to begin with. We can either increase or decrease this limit after the forum's creation if we need to, but I say 30 is a pretty good benchmark.
How would this be implemented? Would the board instantly lock out the ability to make new threads upon reaching 30, or would it fall on the mods of the forum to delete the oldest threads that are #31 and up?
Place on the Forum: This is undecided. I am firmly against it being a subforum of Misc, but I say to begin with it goes in between Interactive and Archives. It can be moved later if we need to.
Doesn't overly matter to me either way.
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That's basically my proposal.
I think the sooner we get it up and running, the better it will be. It's going to end up we're going to sit here arguing over minor details that can be edited very easily after it is created, so unless you have a very real pressing concern, I say we just go for it with this proposal. Too much time spent tinkering is time wasted.
If you're against the spam forum, which I see a few people are, then don't participate. Easy enough. I don't like Anime but that doesn't mean I am against a forum being there.
If you're worried about member behaviour becoming worse due to this, I say that this will actually improve attitudes as all the flaming and spam happens in one concentrated area, rather than people trying to derail decent threads in Misc and other forums.
over 9000? lol funnie jokez
How original.......