Advertisers will have a few moderation options. The normal editing window will apply (a few hours to correct typos and such), and advertisers will be able to post comments as in any other kind of thread. Advertisers will also be able to close the thread when the item has sold and post a final comment to indicate that the item has been sold. I think Sean also plans to allow advertisers to delete comments, so we don't have hecklers hijacking ads.
I think that ads will be automatically moved to an archive forum after 30 days so the classifieds aren't cluttered with old ads, but they will still be accessible for research purposes or in case of a dispute.

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