I don't think the government should have the right to censor the media, however, the media need to learn to recognise when they have taken things too far, and step back. This is really the reason why I will watch only the ABC news I live in Australia, as they take all care to try and report news with as little spin or bias as possible.
The censoring of the interwebz, on the other hand, should, I believe, be done by parents, on a house-by-house basis. Oh, I realise that the government reallllly does want to be our nanny, looking over our shoulder at any given moment, blocking what they think is bad, but I believe that the vast majority of people think that this is a crap idea.
Block porn? Imagine the uproar! Sure, some sites should be deleted FOREVAAAAARRRRRR, but that is because they are genuinely disgusting and scarring and terrible. The government needs to realise that people make their own lifestyle choices, and that they (the bureaucrats) can't change that.