As a collection of standards, yes. However, trying to find a host for the content that is perceived to be wrong or questionable by the mainstream is now much more difficult. The submission is a case in point. youtube bans gun-related videos not because it is directly bad for their business (on the contrary -- it seems to have an active following), but because lawmakers and media are putting pressure on it to do so. This, in my book, is wrong.
Free speech means arguing against messages one disagrees with, or ignoring them, but not trying to suppress them.