If we setup the show/hide feature for the Muhammad image, I'm sure we could make a .css hack that people could put in their monobook.css so that the image is not hidden for those that want it that way. Or you could click the link to unhide it.
Currently, for people not logged in or just reading, they get the default which is to see the image. That is no compromise. I'm also not sure that makes the article NPOV. Ordinarily, I'm all for "Wikipedia is not censored". In very rare instances such as this and maybe just this topic, I would rather see the show/hide feature or some other compromise.
-Aude
PS - I took care of the spam link.