I've always found it amusing how they censor stuff without obscuring what's being said. Even a child could figure out what word is being censored is most cases since it's made so obvious. Unsurprisingly places like Comedy Central make a joke out of the whole thing. It really begs the question as to why censoring is even necessary when they do such a poor job at it.
I seem to remember they used to cut or voice over offensive content in the past.