OK, it's the context, as I have agreed before now. I dislike the way it is being used too. BUT censorship is an even worse thing than a few idiots singing a nasty song about someone who has just died. And the BBC should not be engaging in censorship or it is just as bad as broadcasters in authoritarian regimes who do not allow their viewers to see or hear what is really going on.
So:
Yes, it's the context.
Yes, it's horrid (in the context).
But so is censorship, in most contexts, certainly this one which represents no danger to national security, nor to anyone's safety.
Two wrongs don't make a right, nor does the second wrong expunge the first one. In fact, you'll probably make more people buy the song.
Daft. Counterproductive. Useless.