I’ve thought about this before, probably too much. Here’s what I came up with.
Probably not. As much as I miss the humor of the early 2010s, it’s probably for the best. The punchline of HaHa Rape becomes a bit more sour when you now know there are those kind of people aren’t actually rare but instead there’s a lot of them hidden in practically any position that gives them power over someone else. Molestia as originally intended probably wouldn’t go well now. Although you could definitely do a Celestia who’s just a pervert, seen plenty of shit like that.
Ironically if MLP came out now Fall of Equestria might be able to still be done but there would be some conditions.
First, You would have to make it exceedingly crystal undeniably no way to misinterpret clear that it is merely a fetish project and not some incel thing. We didn’t have the incels or manosphere yelling about how women are inferior back then, so you would have to distance yourself as far as you can from them. If you didn’t you’d become the star of some youtube videos talking about those new on the scene brony freaks.
Second, you’re just going to have to take your lumps of being the guy who made a rape world setting of a cartoon for little girls and people understandably asking “um…fucking why?”.
It was never fully accepted back then and wouldn’t be now (Those FIMFiction scores were always in the red), but if you made sure everyone knew it only porn and nothing else you’d probably be decently fine, but it would still now as it was then be viewed as weird.