If you saw Pedobear on NN, it'd be some hot chick in a Pedobear costume stripping it off, ending with a fur bikini. And that is why we say "America the beautiful."
...That... wasn't actually a bad report. It acknowledges that it came from a joke and even gets his theme song right. Just trying to warn people that, hey, sometimes people aren't joking about that shit. That's a far cry from Fox's report on Anonymous, which was through-and-through baseless accusation and propaganda. I mean, I can't help but be amused at the thought of people actually using Pedobear as a cover, but still.
The chances of an actual pedophile saying or showing anything about their practices, even as a cover, is unlikely. Much better to have no association. The concern is completely unwarranted.
If that is the case, then it is almost an aid to people who want to find them, and the searchers should have no complaints about something that makes people show themselves.