You are right on in terms of Moore's deconstruction of the super hero. Why do having super powers and having a super agenda go hand-in-hand? Why is a costume a necessary accessory to a hero/villain? What does it really mean to save the world or be a hero? To what extent are super powers a benefit instead of a barrier between the super-powered person and others?
Anyway, I'd be curious what your reaction is, since you're much more familiar with post- and pre-Watchmen comics than I am.