Moderation Plugin Installation Problems

I am a newbie trying to install the moderation plugin and I am having some problems.

I followed the instructions in the install.txt file:

Files:
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moderation-framework.php - goes in /wp-content/mu-plugins
moderation-admin - goes in /wp-admin/
warning.php - goes in /wp-admin/
moderation.js - goes in /wp-content/

I go to the plugin area in admin and I do not see the option in there at all. If I move the plugin from /wp-content/mu-plugins to /wp-content/plugins it appears but when I go to activate it brings about an 'fatal error'

Any ideas?

FYI: I am using WPMU v. 2.8.6 | BuddyPress v. 1.1.2