Would an "unmoderated mode" work?

So, yes, this is yet another question about the moderation on the site, but its purpose is not to bitch and moan.

Some people here have had “issues” with the moderation of the site. Some feel the rules are not applied evenly, or simply don’t agree with the rules. Would it be possible to have an “uncensored” version of the site, where one would choose if he or she wanted to see all questions/responses? Would that work? What are your thoughts?