This is literally to a T what I have been trying to expose for years. You always thought it was tinfoil hat stuff, but now let the admins speak for themselves.
collaboration between Reddit admins and moderators
This program allows moderators to have increased general insight into the present and future of Reddit. Moderators in the council are able to beta test tools, preview new or potential features, review upcoming policy changes, and provide direct feedback which informs development.
The feedback and debates the council has have proved indispensable, and through dialogs with engineers, safety teams, executives, and strategists
The main point of contact is in our private subreddit where both admins & moderators host discussion threads and participate in voice calls and Reddit Talks (as well as share photos of pets, play games, and the odd special social event. And you can participate without sharing video or voice if you wish).