This doesn't seem to restrict the content in my site (no c.p.), but I also found this in Naked (Certified) Hosting's AUD:

"However, by posting, uploading, inputting, providing or submitting (“Posting”) your Submission you are granting Certified Hosting permission to use your Submission in connection with your site, including, without limitation, the license rights to: copy, distribute, transmit, publicly display, publicly perform, reproduce, edit, translate and reformat your Submission; to publish your name in connection with your Submission; and the right to sublicense such rights to any supplier of a Service."

I'm not sure what this means, but it makes me a bit uncomfortable.
I doubt it's anything to get your panties twisted into a knot over, but I have sent off a support ticket to Certified Hosting and have requested that they clarify just what that part of the TOS means. I'll let you know what they say.