Umm, no. The moderators had nothing to do with the warning system. We’re still trying to figure out how it works.
There are three levels of infractions. It takes a serious infraction to get a “Level 3 Warning,” which is when jail bars appear over a user’s avatar. It is worth three points. Unlike the old site, the person can keep posting - there is no true timeout. The person cannot start a new thread, however. If the person violates the TOS again during this two-week period and gets even a Level 2 “Minor Warning,” he DOES get temporarily banned.
At least, that’s my best guess. The moderators are hoping for change. I think we will get it, eventually.