Flag Button

I dunno if it is something that happens often but I accidentally flagged a post for the first time. I meant to quote someone for a reply and hit the flag button by accident. It gave me a option to unflag so I did. I'm wondering if even though it was a flagged post for all of 3 seconds, do you guys get that notification? And are there any plans to move the flag button somewhere else? Its really easy to click on that button if you're not careful.

@bunchanumbers: It should be retracted, if it said 'Post Unflagged' or 'Setting Saved' in the green banner that shows up at the top of the page, and it should no longer appear in the mod queue.