Yes, you also have to account for the increasing volume of server posts you never see as well, which is really what the policy is addressing. Anybody who posted those listings in the Whitelist/Greylist/Open sections goes through a moderation queue and gets deleted before you even see it.
By all means, it's a valid enough criticism to levy that we're understaffed and in triage mode with this stuff. If you know anybody who can handle this kind of gig for no pay and possibly even less satisfaction, have them PM us. Required skills include restraint and attention to detail. Also preferably somebody with a lot of free time, as Server Promos has around-the-clock activity and submissions.
Back to direct topic-relevant things: I don't know how the announcement of a couple hours ago (that, through voodoo magic, the amazing and wonderful LexManos managed a way to let the current launcher handle 1.6.4 packs) will impact this. It will depend on what the Mod Pack Team decides in re: third party packs, which is something I don't know. When I have an update to provide I (or somebody relevant) will drop in with it (may not be me as I'm coming down with something at the moment and will probably be going back to catching up on sleep now).