Legal consequences. There is a loop hole that you mentioned, but I doubt the administrators of this site would like to experiment with that.
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1. Legal issues.
2. Too many issues with lies, false posts and drama.
3. May deter models from working with us.
We're an online entertainment website, for guys to get their fix of photos and videos of the hottest BTG's ... and we do we that pretty well. If you want to take it into real life, by all means go for it, but use one of the websites that is specializes in the reviews ... or start your own review website and have guys contribute and make some money (2nd biz idea I've given you guys in 2 weeks).
I'm liking the second one! :)
I do understand the no review rule. It will definitely turn into anarchy in little time.