In my opinion, this is the most challenging question. I've participated in lots of debates over the years about what is actually censorship and what is not. The answer to this is critical in order to gauge how censorship-resistant a platform really is.
I personally try to take the most permissive stance possible, with some caveats. If something is illegal in most of the world, it should not be permitted. (Whereas something illegal only some places could be important to encourage!) If allowing certain content would bring harm to your community, then it's a question of whether providing a forum for that content is morally important enough to make it worth the risk of harm. The answer to this might be yes, especially if the community is strong and can withstand the harm. If the community is not a position to withstand the harm, then the answer is probably no. I'm not active enough in the community to judge the answer to this.
In my business, I have to take a firmer stance, because Hive SBI is a tool more than a community, and not in a position to protect members from all potential attacks. It's better to cave on edge cases than to allow all members to be harmed by the negative attention brought by a few. That might change as we grow bigger (and less vulnerable), but we still have to be careful.
Thanks, this is a very practical way to view the situation!
We'll ultimately see what the community thinks about this one.