The idea of masternodes is to create a very expensive network similar to mining, where users invest money to make money. If you decide to be malicious, the only power you have is to not allow transactions for that 2.5 minutes, in which case you forfeit the money the network will pay you.
If all nodes were able to do it, the network would be vulnerable to sybil attacks. See my conversation with Anonymint.
Really the concept sounds great -- I guess what I am really worried about is DOS attacks on the Master nodes. Some people will do due diligence, but I am betting that most won't (don't know how) and the result will be that DRK suffers a black eye because one person brings down Darksend for a time.
What protections are there against this other than urging master nodes owners to read up on net security?