Many, many yeses. The default sort is by priority, which makes no sense for our site because the highest priority stuff is something that happened months ago. We rarely have flags sit for more than a few hours.
I would expect defaults to be at the most expansive option, then you filter down as needed. Default status as pending makes sense. I have literally never used the “Priority” option. I don’t understand what the criteria even are for “priority”-- I assume this is an aggregate of the reporters’ reputation?
Right now, the post that sits highest in our priority list is a deleted post that has two flags made and approved by a moderator.
I’d even be happy with a “remember my last search” style setting.