First post, hope I'm doing this right...
You can use something like tampermonkey or other browser script plugin to work around this issue.
I have a script that looks at the posts on the page, gets the tags associated with that post and checks if it matches a hardcoded list of tags, and if so, adds the same "blacklisted-image" css class to that post as the regular website does, showing the "Blacklisted" placeholder image.
It works great, only downside is you have to edit that hardcoded list of tags in the script instead of going to your account and adding the tag to the blacklist in the settings gui, few more steps, but it works.
I pair this with a Stylebot (another extension) rule that just completely hides the blacklisted posts, so you don't even see the "Blacklisted" placeholder image.
Here's the stylebot filter if anyone is interested:
span.thumb.blacklisted-image {
display: none;
}
Not sure what the rules say about sharing custom javascript code however.