@IAMCRAIG-0 Loli and shota are not shorthand for lolicon or shotacon; their modern use are as slang terms used to refer to youthful female and male characters respectively. You are the first person I have seen to see those terms as the same as lolicon and shotacon. I use those terms (loli/shota) regularly with friends and aquintances at my university and not once did anyone think I was talking about sexualizing characters. People understood those terms as little girl and little boy. My first 5E D&D character I described her as a loli elf wizard, and no one thought I was sexualizing her, absolutely no one. Not a single person alienated me for using those terms and not a single person thought I was sexualizing children.
So no, loli and shota do not automatically mean lolicon or shotacon and using those terms in no way normalizes child pornography. Otherwise, me referring to my fully clothed, from head to toe, loli elf wizard in D&D was somehow normalizing child pornography despite the fact that if someone did try to assault her, they'd get disintegrated.
My first Tera character was an Elin Lancer, and I referred to her as an armored loli. No sexualization, she was fully armored, minus a helmet since Tera didn't really have helmets for elins.
My second character, whom became my main, was an elin reaper, and I refered to her as loli Kratos due to the reaper's scythes reminding me of the blades of chaos from God of War. Again, no sexualization; I covered her up. She had a skirt sure, but most elin outfits had skirts.
I referred to my elin characters as loli's on a regular basis but never once did I sexualize them and people knew what I meant when I said loli.
The fact is that those terms can be used in non sexual manners. When people say they are looking to make loli or shota characters in PSO2, that does not automatically mean they wanted to sexualize their characters.