I really don't see the point of keeping a flod control on the report function.
The report function is there to help the staff find problem threads/posts faster, by the members pointing them out, so having a flod controle on the report function only make more tie for the members using the forum.
A different way to look at is like this:
The report button is there for the staff, so that members can report thing's like spam, and staff can sort out the problem
The staff put a time on it so you can't report post unless you wait for 60 second, between every report.
I for one wont report any more posts if there is a time restriction, as I don't want to be spending time waiting to be able to report more than one thread/post, and as the report function is there to help staff by getting rid of e.g. spam, and also the members so there isn'[t a lot of spam or any at all on the forum, it helps out every one on the forum.
But having to wait to report something is a bit silly as it helps everyone, not just staff bt members as well, so why have a time restriction on the report function