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Let's see how long it takes this time! I'd give it 50% odds of lasting 12 minutes.

Edit: Flagged after less than 9 minutes, I overestimated!

It was flagged in 9, but is now back. Get your comments in while you can!

and then un-flagged right after?

It seems so. What a ride!

I vouched for it.

Where's this option?

Usually the same place the flag button is. It only appears when a post or commen is flagged/dead.

It wasn't there for me. I vaguely remember it being there before though.

I think sometimes you have to click on the date to go directly to the post/comment, in order to see it.