Hi Randy: For the most part yes, identifying the fungus would provide more info. But the basidiomycetes fungi (your mushrooms and nasty wood rots) have a unique pattern of growth that one could recognize almost immediately. They grow fan like and usually are lobed toward the edges. Mold colonies generally have very pronounced surface that is cottony or fluffy either because of heavy sporulation or just the mass of mycelium on the surface. More importantly depending on how large of a surface the colonization is, in case of wood rotter (mainly basidiomycetes) you can stick a crew driver or knife to see if the wood is soft. If soft most likely what you saw on the surface is a wood rot. Again generally this is the case. "I personally am not able to identify the different species of mold fungi, therefore I can't make the statement that the mold I saw will destroy the wood. Also correct?" if macroscopic identification at the higher level (described above between basidiomycetes and general mold) not possible then yes, you are correct. you can refer to this website of Univ of Minn.: http://rotban.typepad.com/files/univers ... od-rot.pdf or better yet check out the book by Zabel and Morrell. Wood Microbiology. it is a fantastic book. You can also contact Dr. Quarles at cooperative Extension in Univ of California (UCCE), hope this helps. best