Yes I agree that rare, sentient holograms are super fun and interesting! I love how it makes for unlikely character growth.
But I'm thinking about it as an extension of the argument that stripping Data of rights would be creating a race of slaves. Because they know how to and are capable of making sentient holograms, but don't, means that they are willingly choosing to strip free will from holograms. Janeway erases all of Sullivan's memory of his wife and deletes her. She then coerces him via rewriting his programming to have a relationship with her.