It's predictable, and honestly it all comes down to how much the industry is willing to fight. Right now the anti-gaming crowd is going to be very careful to limit the platforms on which the pro-gaming crowd can speak, and are going to carefully handpick the people they choose to represent the other side to give the image that they want.
As far as allowing players to engage in terrorist acts... this has been going on at this level since like Grand Theft Auto 3, and probably longer. The complaints have been constant, but frankly with the amount of precedent they have it's about time for the gaming media to go on a counter-offensive rather than the current posture of defense and compromise.
I myself pointed out in another post that companies like Valve should start organizing protests and perhaps even go as far as something like a "million nerd march" in Australia.
I'll also be honest in saying that I think games could stand to be even more "realistic" on certain subjects. I for example am one of the supporters of the "Seven Days In Fallujah" concept.
Right now I think we need more anti-Middle East propaganda, much like the anti-Nazi propaganda during World War II, and I think gaming is a very powerful medium for this. Truthfully I think we need MORE games where you hit The Middle East and go to town (similar to what you do in World War II games) rather than treating the entire situation with kid gloves.
I am not a big shooter fan, but I see Modern Warfare 2 as a step in the right direction.