Maybe this is part of how we get to the truth. At least with flags we get to see that someone is actually willing to pay to hide certain things.
I haven't used a flag yet and hope I never have to, but I would get into a flag war gladly with those creating accounts for the purpose of censoring.
I admire your attitude, but honestly, unless you have some serious backing you will get chewed out and spat out - I did just manage to unflag a post by a margin of 3 cents recently, but it's only a matter of time before the censors have bigger wallets.
I like to think that Steemit users are not just contributing for money but because we like the idea of not being censored. That is what makes me believe there would be backing to combat censorship by way of flag neutralization. It would be very difficult though, I admit that.