It is democratic in some ways, for example the polls run by kai tiger for the players choice tournament and clan polls, but the important decisions are made by admins and mods.
If the forums were to be fully democratic it would be mayhem, there are some members who are capable of making an informed decision on things, however there are lots of people who are not intellectual enough to make such decisions. As well as this their could be people who do not know enough about the game or not have enough game experience to make decisions.
Besides, with the major influx of new members the main voting power would lie in the hands of the inexperienced less learned players. This would give the newer players the most power (that is only if most of them are of the same/similar opinions). So to conclude, there are democratic aspects in the forum, but having considered both sides of the argument the forum is not democratic, and shouldnt be