A new system for reviewing posts that require moderation is now live here at Web Applications.
For details, please see the post on Meta Stack Overflow.
It's important to note that this is not (necessarily) a tool for Community Moderators. It's a tool to help the Community moderate itself. Please check it out and lend a hand.
If you have issues and questions, please post them on Meta Stack Overflow, not here. (Be sure to use the "review" tag as well.)