This is why I never understood the reasoning behind the "sed s///" school of language censoring. Everyone who ... I don't know ... has actual conversations with other human beings should know that language is highly dynamic and context the pendant. Words take on - or lose - meanings all the time when the circumstances require it and all participants know what is talked about. Completely harmless words can morph into horrifying expletives over there course of just a few years if it's necessary - see "slut" or "douche".
Forbidding certain combinations of letters does - if it does anything - only quicken that process.
I do wonder how man many layers of dilbertesque organization you need for that idea to make sense.
http://imgur.com/FZv9HHu.png
Even in swype mode.