The censorship principle would have to be pretty strong/weird, because it isn't sufficient to censor each wormhole separately.
Yep.
A serious reference on the issue is (which I've only read popularized summaries of) is:
Matt Visser. From Wormholes to Time Machines: Remarks on Hawking's Chronology Protection Conjecture. Physical Review D v47, n2, p554. 15-Jan-1993.
I don't think it addresses the network issue, specifically.
The basic idea is that "quantum vacuum fluctuations" build up along any closed time-like curve (CTC). This much is more or less expected.
The big issue - will these fluctuations be powerful enough to destroy any wormhole? Including any theoretically possible wormhole? Doing the analysis at all requires a lot of guessing, because we don't have a theory of quantum gravity.
Having networks of wormohles makes the problem even more difficult to analyze. I think there may be papers on the issue, even so. I've got a hazy recollection reading that the networks could be more robust than single wormholes, but I'm not sure where I read that.
It's almost enough to make one think that restricting space-time to a trivial topology might not be such a bad idea (there are some approaches that would do this automatically). Then we wouldn't have to worry about wormholes :-).
Anyway, all of this stuff is rather far out, in that I don't see experimental tests coming in any of our lifetimes. This includes testing the issue of whether or not space-time topology is trivial or not (at least by design, we can always hope we stumble across something). Though come to think of it, I think people are trying to address the global topology question by studying the CMB anisotropies, I'm just not sure if I believe this can really be convincing.