Lots of food for thought here. The song, in and of itself, would normally stand or fall on its own merits. But...if a phrase in the song that would be perfectly innocent to most folks turned out to also be pedophile slang/code for something abominable, that would have to be considered. Some songs are very closely tied to the particular songwriter, others are of a more general or universal nature to where it doesn't seem to matter who wrote them.I can see liking someone's songs but disliking the artist to the point of not intentionally contributing to his income (e.g., buying albums). And I can imagine being so revulsed with an artist so as to be embarassed to even sing the songs, an egregious example being "Here's a great song I want to sing/play for you--it was written by the person who raped you/your spouse/your kid."
Since we each have different criteria and threshholds as to what is unacceptable, there won't be universal agreement about which songs and artists we would shun. But I think the answer to the question is, to paraphrase Rick, "absolutely".