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it's really depends how you look at it tbh, as a owner and admin of Ghost Universe they can't lock us away since we got more power then they do,
(you could do the same in your own Forum OT)
but to answer your question if it a good thing or bad thing, i genuinely would say its really depends tbh.
I guess it depends on the kind of forum you have and whether you can trust your members to lock their threads for reasons and not to troll or cause trouble.
I wouldn't allow members to close their own threads but would consider it for established members who have been around for a while when they reach a certain rank as a perk.