Sometimes editors are lousy. Writers soon find that editors don't always have journalistic principles in mind. I'm not sure if a cautious editor or an uncautious editor is worse. In recent news from the New York Post we have a story about a reporter getting canned for writing about the NY Post business partner Walt Disney and an editor getting canned by her editor because she had her own ideas.
This was the same woman who, before she was an editor, got the information the headline: Headless body in a topless bar. That was surely one of the headlines in headline history and proved, if there ever was any doubt, that crime reporting is strange.
I've had good editors so far. Of course part of that is because I write good stories and they leave me pretty much alone. I really liked my editor at the daily I worked at over the summer (and may work at again this summer). His main concern was the story and that is the way I like journalists.