It is not too late, but you have to enable showdead to see flagged/dead/banned posts (note: banned posts also get the [dead] tag). Unfortunately that comes with seeing some actually despicable posts.
I'm not sure I'd recommend showdead, but there are sometimes reasoned or informative posts that get flagged due to hyperbolic statements. Probably worth trying it out just to be aware of how the sausage is made.
I would personally appreciate a setting alongside showdead that disables the greying out of posts. It makes it very hard to read them. I am more than capable of ignoring things that I don't want to read.
I'm not sure I'd recommend showdead, but there are sometimes reasoned or informative posts that get flagged due to hyperbolic statements. Probably worth trying it out just to be aware of how the sausage is made.