Yeah, I can understand. I briefly wanted to be a moderator, mostly for the perk of a custom Avatar, but the responsibility that comes with it is just too much for me to bear. I mean, I already could show easy dedication (ever notice how often I've been here?), but I just don't have the heart to punish others. It's a little too much for me.
If you thought you couldn't handle that kind of pressure, then you were in the right to say no.