Gandi's contracts are an 11/10 on the BS scale; the "no BS" thing is marketing. You are agreeing to enforce their moral and ethical code upon yourself and your site visitors, and should you or your site visitors violate it, your domain can be confiscated.

Some excerpts:

http://www.gandi.net/static/contracts/en/g2/pdf/MSA-1.3-EN.p...

> By accepting Our Contracts and using Our services, You agree to abide to Our code of ethics which consists, in particular, of ... protecting and respecting minors, human dignity, public order and good moral standards, the fight against abusive and/or deviant uses of the Internet...

> You also commit Yourself to ensuring that any third party to whom You would ... grant any access or ability to modify any published Contents, will fully abide by the terms and conditions herein, and that You are able to effectively guarantee this commitment with regards to Gandi.

> You acknowledge and accept that the use of Our service is expressly forbidden for use in any way that engages or participates in practices that are deviant, abusive, illegal, or prejudicial...must be appropriate to the age and sensibility of each of the individuals that any of the content is destined for.

This kind of agreement is ridiculous for commodity domain registration. Nobody else asks that of you. You cannot reasonably run a blog with comments without breaching this contract (you can't enforce the code of ethics on commentors, which you guaranteed); don't even think of running a "hacker news" type site. Discussing hacking is one of the "deviant uses of the internet" you agreed to not only abstain from, but to actively fight.