Nah, you're not reading carefully enough.
My entire argument has been:
1) Game developers are risk averse (they are cautious in regards to what could potentially offend people)
2) If being less strict was beneficial in regards to forum moderation, most major game developers should be less strict (again they are risk averse, if they even thought that moderating posts was leading to a significant loss of revenue, they would be quick to change their approach)
3) If you look at other major game developers they often moderate their forums even more strictly than TW or Paradox
So in regards to point #3:
Second point you make(indirectly) is that because there are more strict companies out there Paradox and TW is not that bad.
You're misunderstanding my point.
The whole point of mentioning that there are stricter forums was to suggest that "freedom of speech" may not be as important as you think (as there are forums that are far stricter than the two forums you find to be oppressive). It wasn't to suggest that TW and Paradox are doing fine with their moderation because others are more strict.