Whilst am reluctant to post a whataboutism type response, I feel I have to say that I've seen much worse.

Whilst I don't wish to name the game, I came to FFXIV from another MMO I'd played for twelve years. I'd been a regular on the forum of that game for almost as long.

From experience, there is a vast amount of territory that lies between the extremes of 'no moderation' and 'over-moderation'. I do think the balance is better on this forum, having come from one where the moderators deleted any thread/post that had anything remotely negative to say about the game and were very quick to either warn, or outright ban, players who engaged in such feedback.
I'll be honest - I was perma-banned from said forum myself. The Community Manager, who was called out on Twitter for having completely ignored the forums for literally years, posted a thread titled "Better Communication", in which he made a bunch of (empty) promises about how how he would visit the forum more frequently in a effort to improve relations with the game's community. He subsequently completely abandoned that thread and the forum.
A few months after he posted that thread I submitted a reply in it, about how ironic it was that he'd posted a thread like that only to completely invalidate it by disappearing again and stated that I felt it was clear he preferred to hide behind pointless 'update' threads on Twitter. That earned me a perma-ban.

As 'bad' as these forums may be, it is at least worth noting that we can express an opinion here and not receive a warning/ban from easily offended moderators with a zero-tolerance approach to negative comments about the game.