A tool to "filter" a work of art for yourself is also a tool to censor a work of art for someone else. In this case, and judging by the reactions from some parents here, most likely for your own children. So, despite the interesting framing of this as something that will create the "freedom to filter," it inevitably will be used to oppress.

Regardless, the end effect on the viewers (both willing and unwilling) is that they have not seen the work. They may in fact have a completely different understanding of the film or show than someone who actually has seen the work. A morally ambiguous character becomes wholly righteous. A villain becomes the hero. Violent acts cease to have a consequence of gore, perhaps of pain or death. Romance no longer leads to sex. Dialogue cut for swearing completely changes the perception of a character, the story, and the world.

In the end you have seen something worse than nothing at all--a cartoon caricature of what the creators intended. You have wasted your own time, perverted the aims of the artists behind the work, and done your children a disservice.