(Yes i know this is El Reg, yes i know I'm painting a target on my back)
The Register is not really known as an abode of the left wing. There are a set of people around with those opinions, but they (well, we) hardly overwhelm the place.
In this case, there are a number of issues with the name GIMP -- as well as having alternative definitions that are not good, it's also a big acronym that doesn't suggest the use of the software. Neither of these are particularly sensible from an advertising point of view. Sodipodi died a death for a somewhat related reason (no one could remember it).
I'm a little unconvinced that renaming GIMP is worth the effort, but it is not a good name, nor has it ever been. This is far from being touchy.