That's my understanding, too. And since it's underpinned by ATProto, rather than being coupled with Bluesky, "moderator score" apps could be built that independ

That's my understanding, too. And since it's underpinned by ATProto, rather than being coupled with Bluesky, "moderator score" apps could be built that independently track how 'useful' the labels are (and, by extension, the labeling services), subjective to each individual app's preferences. Then users could rely on moderation rankings from their favorite moderation ranking app to determine which moderators to use and when to switch if the quality tanks.