Branding is important, and what you do with your brand is important. Actions speak louder than words. Google is still associated with "Do no Evil," but that's starting to wear a little thin as some of their actions belie the mantra. Similarly, you can get people chanting a slogan, but if you do something wrong, people will notice, and the backlash can be severe.
I would add that this:
> There is no way to explain all this in a way that does
> not make GoDaddy and it's CEO look good, and plenty of
> ways to interpret it as bad.
... appears to have either too many or not enough negatives. I suggest it should read: > There is no way to explain all this in a way that makes
> GoDaddy and it's CEO look good, and plenty of ways to
> interpret it as bad.