If feedback would be 'squashed' then it would be taken out of sight entirely. It's purposefully left up as all feedback is valid, but people's behaviour isn't always acceptable. Thus, moderation is required.
As for feedback review from Larian, it's still barely two weeks in. The priority right now is to fix all the technical issues some players experience so that everyone can play it properly, so that they may actually get genuine reason for constructing feedback of their own.
The amount of feedback already has been crazy (in a good way!!), so it'll take some time to process and sift through. Could even make a few arguments as to why taking some time with it is a positive thing, as feedback should be evaluated and analysed properly, and not just be knee-jerk reacted to at a week's whim. That's paying due respect to feedback, in my opinion.
