That was weird. I wondered why "Joe" had set you up as a moderator. I always figured "Joe" was Madtown, just so he could avoid being harassed as Madtown.
I don't think you should be worried about Mad cutting you off completely, unless there's something more I don't know about. You helped him out. The site needs an engaged owner, it's that simple. Either that person exists, or not. The sooner that person takes over the better. All the other stuff is details. If there's a leader who cares about the site, and has the time to invest in it, it will flourish. I hope Mad - and you - find that person. Otherwise it's blogging on the Pup-Peroni website for me. I'm not following Freak or Skin to that Swedish site.