It seems like a good solution to CryoLogic and your discussion might be for services to allow you to choose what you would like censored. For instance 'yzmtf2008' could simply say, don't show me content like this.
Obviously there are some challenges in the 'like this' part, but it seems like it might scale better and be less prone to centralized censorship problems than the current mechanism.
The sad part is that 'yzmtf2008' will exist inside of a vacuum and will miss out on things that appear crazy and may actually be true, but perhaps the upside is that this person may be more productive in other areas of life by defocusing on distractions.