Youtube removed videos and Turkey lifts ban

Youtube decided to remove the videos that had been posted on the site earlier on which led to the complete ban of the website ordered by a Turkish court. The main question that arises from the series of events is of course if Youtube made the right decision by removing the video in question. Or to bring this into a broader perspective: Should a website give in to the demands of a third party to remove content because it might be considered offensive to that party ?

Can it be that Youtube will now receive many threats of that kind from offended parties ? Could Greeks demand that Turkish nationalistic movies are removed ? Germans that World War II movies, US-Americans that Vietnam, Iraqis that Gulf War, Al-Quaida that 911 movies are removed ? Where is the limit ? May every country and group demand the removal of movies no matter the content, no matter if it is perfectly legal in the United States ?

I think this was a bad decision not only by Youtube who will probably face a lot of demands from now on but also for Turkey who once more have shown that they tend to overreact in such matters. Would not it be possible to either ignore the movie or discuss it openly like it should have been done ? Banning is in my opinion always a sign of fear..