The idea of pandering to a younger audience kind of hinges on knowing for a fact that the Priest guys weren't genuinely pissed off by the PMRC and other groups that seemed to think teenagers were too soft in the head to handle... well, pretty much anything dicier than Yanni when it came to music.
Really, there's no way of knowing one way or the other, but I suspect it pissed them off. They certainly weren't alone in that.
I gave the Ripper-era albums a spin again today and I have to say, I find more to like in Demolition than Jugulator, but neither is half as bad as they're made out to be. I can definitely see where people look at Demolition and see a band jumping on a bandwagon simply because it doesn't sound like Priest doing what was popular at the time, it sounds like any of the various also-rans of that era putting out an ok album. At least Turbo still sounds like Priest.