Lafiel I agree and share those concerns of users choosing inappropriate names. If the players can only choose a name from an available list of appropriate names, the risk of liability is far greatly reduced - even more so if Cosmoteer clients only display registered names from their own name-list (so other clients can't project modified names for another client to display).
TBH, Cosmoteer takes this risk every day with ship names and ship hulls that aren't even slightly regulated.