Returning from the application to the password would be a good move, I think. Currently, processing apps takes an inordinate amount of time compared to its importance to the site. If we get another spate of trolling wherein they make a ton of accounts and roll them out one by one to make the wiki into a temporary shooting gallery, we can just temporarily put the app back in until things settle down. Probably a month or less would be sufficient, depending on the nature of the trolling of course.
Admins, Mods, Operational and Junior staff are welcome to comment and give input in this thread, but Admins please make sure to be specific and clear on whether or not you support this as your votes are the ones that will count.
Whether you like it or not, history is on our side. We will bury you!