Piccolo: "Octopus" will not be censored, unless you spelled it incorrectly.

As for the word in question, I would have to agree. I would estimate the ratio of the proper usage of the word on this forum to the improper usage to be at least 5:1. I hardly see it used improperly anymore.

Really, the use of such words and their censorship is somewhat dependent on the users. There are still many words that cannot be uncensored because the users on this board would never find an occasion to use them properly, if at all. I think that the word in question may be the only one that does not fit in that category.