exactly.
for some reason, my report button has been taken away too.
You've likely abused your reporting ability.
Make sure that if ever you report someone you only ever report them for breaking the forum rules.
If you don't think something is reportable then ask in the topic or don't report.
Don't report lots of times on the same person if he's done bad things in lots of topics in a short amount of time.
If someone goes on a spamming spree, you don't have to report every single instance, just one.
Don't report constantly either.
Make sure you follow the above if ever you get your reporting ability back. Unfortunately, I've never heard of a case where someone has had their power to report removed and then returned before though.
I don't think that there's any point in removing individual peoples ability to modify Drama posts.
It's generally just easier if everyone minds what they say in Drama. If you make typos then that is your fault. You can still correct yourself in a new post. No one really minds.
I'd prefer if people couldn't try to hide what they've said, rather than be able to and be punished for doing so.
The real problem with people modifying is not that they'll get away from being in trouble with Badspot, it's rather that they try to be sly and hide from the community.