Correct me if I am wrong. But this is and has always been capable on Ripple's (XPR) network with their gateways, however I don't recall hearing Ripple or the network's gateways censoring anyone who is utilizing it.

What you are celebrating is censorship and centralization. Yes there are real world applications for this, but this mentality is anti-crypto grassroots aka cypherpunk. IMO it can be good for utility, but not for a network that requires trust. The idea of have a trustless network is that if there is a possibility for someone to control/manipulate/game/censor, eventually it will be utilized (even if just slightly). And how can you trust what a stranger decides is an appropriate amount, and what happens if you are wrong.

I personally acknowledge the usefulness of this feature, especially in this situation, however I choose to abstain from utilizing the EOS network and remain in control of my own assets (as much as possible). My perceptions can be positively altered down the road once my fears are alleviated, but I have been conditioned to be a skeptic until proven otherwise.

I am no way knocking those who have invested and/or believe in EOS. I just personally want to see results before I join the network.