Eeeeh, at least then there would theoretically be public accountability. The FCC has limited censorship power that they're generally unobjectionable with.

I'm honestly more concerned with the censorship from private enterprises than with government consorship currently. Less accountability and less recourse.

It also really only becomes censorship if the rating system is used to prohibit speech. If we instead made it more like the nutritional guidelines on food it could instead give more of a content breakdown than setting an arbitrary age.