We should have the freedom to say NIGGER and FAGGOT and the freedom to hate and even "incite" hate. People can discern and judge for themselves how to react, don't censor opposing viewpoints.
I don't necessarily get insulted when people use those terms, but I am somewhat offended that they assume that I want to hear, or am fine with open and unapologetic bigotry.
I don't get angry or flustered, I just would no longer associate with you, and discourage others from doing the same. I don't like being with people who are intellectually and emotionally inferior to me.