It might frustrate you personally -- the same way it might frustrate you to have to pay money to see a movie at a movie theater -- but I don't see what isn't acceptable about it socially.
However, once they serve me something and it’s received by my user agent, I will use that user agent however I see fit to parse and display (or not display) that content.
I’ll rephrase my position: Google is free to ban my IP, require a payment before serving me videos, or whatever else they feel is appropriate to stop me from using their electricity without being compensated appropriately. But if they serve me a page containing a video, I have every right to instruct the software on my device to render that video however I see fit. This in no way is morally or legally comparable to stealing, theft, fraud, or whatever other words people are throwing around.
Very much a tantrum.