the admin only has access to the admin panel, if you are not a MOD then you have no powers to edit others posts, rearrange posts etc. etc.
you only have access to the admin panel and the permissions to do things in the admin panel.
however, by default, the board installer is a member of the admin group, he is a founder and is a member of the global moderators group as well as the registered user group.
your new admin account will not allow you to moderatre, you would need to put your new users in both the admin group and teh moderator group.
then, you can also choose which group you wish to be your default group and you will have that group's color. that means that your username will show up as a MOD if that is the group you choose for default and nobody that sees your username logged in will know that you are also an admin.
or, you could choose the registered user group as your default and nobody would know that you were anything other than a normal user based on your username color.
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OK, so what's the speed of dark?