Also, the Privacy Policy will reflect that PayPal Luxembourg will be the data controller of your personal information from 2 July 2007 and set out further details of the third parties to whom PayPal Luxembourg will disclose your personal and account information.
I'm not keen on this new sharing of my account details with others. Why they don't tell you before it's changed over seems bizarre.
I shall be reading this new policy very closely and if I don't like it I'll be closing my paypal account and accepting cheques or postal orders only.
It's probably a move to give less rights to it's members and more rights to paypal. Oh what a cynic I am :)