I'm a Baptist (albeit of the radical-liberal-gay-hugging variety that some of my co-believers deny has a right to the label) and I find nothing offensive about the fact that there is a version of this song that uses "Baptist" in place of "Darkies'". I would not be offended at hearing it sung. But then there are Baptists who will be offended at anything you might name, probably including some who will be offended if you don't sing "their theme song"... However, I find the spelling "babtist" offensive. FWIW. (Not very offensive, just mildly so.)

Liland

Self-Appointed Unordained Spelling Monitor at BaptistLife.com