In previous versions of the Forum activity module (e.g. 1.6.2) it was possible to set up a Forum so that only the teacher could rate (grade) posts.
Here's a screenshot of the Forum grading setup in 1.6.2 (how it should be?):

and here's a screenshot of the Forum grading setup in 1.8+ (a bug?):

Having searched this forum is seems that others have a similar problem:
http://moodle.org/mod/forum/discuss.php?d=71396
http://moodle.org/mod/forum/discuss.php?d=60334
Is this a bug, or are there some changes that can be made elsewhere (e.g. in roles) to allow only teachers to grade posts, and then to allow students to see only their own grades?
Update: I have just setup a Forum in a Moodle 1.8 system using the above settings (Allow postings to be rated? is checked). I then logged in as a student and noticed that it was not possible for the student to rate students, which is what I wanted
