Re: Western standards regarding freedom of speech
Charlie Hebdo actually published a cartoon, which deemed both muslims and jews as untouchables. Moses is satirized and ridiculed. As far as I know, its religion, and not the people who are targets of such caricature. At least not in respectable magazines.
Satirizing Holocaust is not just about hurting sentiments, its about ridiculing victims of cruelty.
I believe they do, but if you can prove otherwise, I’m all ears. 
I fully agree that hurting others sentiments is wrong. If you disagree on something then attack it maturely, rather than drawing cartoons, which will not only alienate and offend those who are proponents of beheading, stoning etc. but also alienate and offend muslims who are opponents of these types of punishments.