I personally hate to purchase a CD and find out that one or more tracks are censored. It tends to make me swear more than any song would be capable of. Here's why...

There are times I've converted a CD to a series of mp3 files, and for some reason one or two songs have a weird pause 15 seconds in. While it may be present for only half a second, it registers in my head and annoys me more and more after several dozen plays. I can remedy this by re-ripping the track until it sounds smooth.

BUT I can't do this with a censored CD, as it's in the track itself. So I'm always forced to hear whatever they use to censor. A small pause in the track is the most common one, sometimes the background music still plays, sometimes the song goes quiet completely for that one second.

And there's that some songs may lose some of their message. I honestly couldn't give half a damn about kids getting this music. The music here carries labels warning of themes and course language unsuitable for kids AND half the kids are swearing when they start school anyways. Or before it if exposed to others who use those words.

What I'd like to see is a large sticker saying: L This compact disc is rated L for Lame asses. It contains strict censorship and isn't worth buying solely for the fact that it has been edited to the point where the songs can sound absolutely shit.
Just as some albums that are censored aren't marked, or if they are, just not well enough. That's what really pisses me off really...

I do consider myself an audiophile though. My fave albums have been ripped into a raw format taking up a few gigs an album...
My two cents.