I agree with most of what is being said. I think many sites on the internet can and have put in place ways to regulate suggestive, racist, or otherwise questionable content and I don't believe that is enough reason to not do this. I think it can be regulated with little effort.
Like I said, I know there are bigger fish to fry when it comes to constant improvement in HBD, but when I have a custom logo in my fantasy leagues I feel more ownership and other owners are amused by each others (non-cleavage) logos.