A bunch of you have been wanting updated privilege controls now, mostly because setting even remotely complicated permissions required a whole lot of clicking to open dropdowns, select/deselect, and even just to check the status of permissions.
There was no way to get an overview of all of the privilege settings for a category, which made the system a bit annoying to use.
We've updated the privilege interface in the ACP for v0.7.0, so it should be easier to get an at-a-glance view of the settings:

Astute users will also notice that the "Group" table also has a new privilege called "Moderate". This new privilege will allow you to make entire groups moderators, instead of manually adding users one-by-one and granting them the "Moderate" privilege. This feature is in beta -- let me know if you run into issues with it!
As with many aspects of NodeBB, we strive to make it simple and straightforward to use. We've had a lot of internal discussion about whether this system makes sense (especially compared to systems from different forum platforms), so we'd also like to hear your feedback regarding that as well.
Simple does also mean NodeBB gives you space to shoot yourself in the foot. If you grant the "Moderate" privilege to a group, and that group is not private, then anybody can join that group and get moderator privileges to that category! Open to comments on how to avoid this.