Not exactly, but Yes. When you click on the report post function it sends a message to all moderators of the forum.
The moderators can delete the posts.
The moderators are currently A&H, Soupy, Andy Ven & myself plus of course Dave & Conrad.
One of us was being efficient (it wasn't me that time).
You can see who the moderators are by clicking on View Forum Leaders at the bottom of the page.