I develop themes, lots of them. I am given a PSD, code up the HTML/CSS, slap the code into Wordpress, and make corrections as they get QC'd. Once live, clients can edit blog posts like normal or ...
I run a site with about 30 authors and 3 editors. Authors submit posts for review, and editors schedule or publish them. It would be useful to have another post status of "Editing" between Pending ...