These evil businesses will censor our games, interfere with development, and destroy the art of gaming. These publishers will put all conceivable profit over everything else, and not put out anything edgy. It does happen, and when it does it's sad. Giants was afflicted with this, forced to change the game at the last minute. But really, this isn't a commercialization problem.
Some games unfortunately do have to take the bullet.
But it isn't a commercialization problem. It's the problem of a few developers, and a few publishers, not an industry wide thing. Soldier of Fortune was very violent, and the publisher didn't interfere. And now the sequel is coming, with even more gore. Forever was planning on incorporating a Soldier of Fortune level of violence, as well as strippers and Duke's wonderfully PC comments.