That’d nail it, from our perspective 
Adding an area for comments on the other flag types was next on my list to ask your folks’ opinion on, and asking moderators / admins to use “something else” to avoid insta-hiding things would be absolutely fine unless and until the score calculation can be made more customizable.
This might still seem too heavy to you, and fair enough if so, but to be clear we only require any two moderators to agree on things, not all (or even most) of us.