Yeah being able to see a action/change log that records any changes someone with 'Admin Access' or 'Forum Moderator' makes would be great since there would be some accountability if for whatever reason someone did abuse it or mess something up.
Logging things like:
- Who created an Event / Tournament / Announcement / Newsletter
- Who edited a members settings (ranks etc).
- Who issued points / awards
- Who edited or deleted an existing post (applies to forum moderators too) + maybe an option to undo it?
I'd feel much more comfortable extending existing admin access to more permissions if there was an easy to view log.