I'm gonna have to say no. Simply because when I did make Pan GM (as was mentioned earlier in the thread) he honestly didn't do a whole lot with it. I've found that alot of the people I've delegated power to at this forum didn't use it to it's full potential, meaning alot more could have been done. Pan had the opportunity to change the forums on a global scale, being a position right "below" admin.
This isn't to say that if Pan was motivated he would most likely do a good job. I think alot of the oldies around here have difficulty with motivation.