Everyone is applauding this because they hate Trump, but take a step back and see the bigger picture. This could backfire in serious ways, and it plays to Trump's base's narrative that the mainstream media and tech giants are colluding to silence conservatives (and maybe there could even be some truth to that.) I know the Valley is an echo chamber, so obviously no one is going to ever realize this.
Ultimately the more and more "dangerous" opinions and people who share those opinions are silenced the more and more dangerous they become in reality.
EDIT: The nature of this comment is intended to be observational not advocational.
There’s plenty of evidence that many sites (twitter included) allow violent speech from specific groups because they’re worried of the political backlash. These groups still complain about being silenced just the same, despite blatantly violating the TOS.
It doesn’t work. You’re just giving dangerous and violent people a platform to organize, encourage and enable violence. As a platform owner, you can’t just hope they’ll behave if you treat them nicely.