Thanks, dang. Your response to sciurus makes more sense now. Though, his description was lacking enough in detail that I suppose he could have also lost story flagging descriptions.
But I am still confused about the apparent contradiction with what you've stated versus what was stated in the blog post, about losing flagging privs. When flagging privs are lost, are _all_ flagging privs lost? Or is minimaxr correct[0], that it works the other way, where you can lose story flagging privs without losing comment flagging privs?