Well, I'm not exactly sure about how to do that. I could implement a list of all the major porn sites, but then people could still post porn URL using URL shorteners...
This is actually a good point, but I'd imagine people put down a porn website out of pure impulse when trying this service, so having their URL rejected with a friendly warning would certainly reduce the amount of porn spam. You could also block common URL shorteners.
Steven Black's hosts compilation [1] is a good start for what to disallow. For URL shorteners, you could disallow URLs that trigger an HTTP redirect (e.g. HTTP 301), or you could follow the chain of redirects and apply your rules to the terminal URL.
A fair amount of sites you don't want to visit have obvious urls. Or maybe you could scrape the title and display that as well.