Thanks for the praises.
Your concern is a valid one. While we do not know to what extent the domains may have or may not have been "revoked", we have heard of this sort of thing happening in the past, and expect it to happen again in the future.
Given the current political climate, and the current governmental stance on the adult and gaming industries in the United States, we feel that anyone with close ties to either industry should very seriously re-examine their exposure.
While indeed all registrars are forced to comply with local laws, it just so happens that we're in a jurisdiction that is much more friendly toward these industries, so something like that is much less likely to happen at Cheapies.