Was it curiosity, research or because you like that genre?
Some of both.
The insane PC brigade make up terms that no one else uses in 2015.
Ah, another civil invitation to debate. "Insane" is another word that invites a polite exchange of ideas.
And it seems that there is some misunderstanding here. What made Lovecraft's work racist was not that he didn't use "politically correct" language, but in the ideas he expressed in unmistakeable terms of loathing for non-white races. For instance, describing the residents of New York's Chinatown, “a ******* mess of stewing Mongrel flesh without intellect, repellent to the eye, nose and imagination.” Or this conclusion to a poem on the creation of the black race, "Th’Olympian host conceiv’d a clever plan. A beast they wrought, in semi-human figure, Filled it with vice, and called the thing a Nigger." Clearly this would be equally offensive even had the last word not been such a charged one. It is the sentiment expressed that makes it so repugnant. And anyone who thinks that this was the prevailing view in 1928 does the people of the early 20th century an injustice.
Is this reason enough to remove his likeness from the award? That would be an interesting debate if we could all do it without bringing our own agendas to the conversation and without vilifying those with different views from our own.