The privacy policy is pretty much the same as it has been for years. The real problem is Google wanting to connect everything. I value functionality, and more useless crap on the page (clutter), more settings turned on automatically when they are added to the service, no opt-outs, etc., are irritating.
I'm thinking about ditching Google because their services have gone from decent to being more annoying than they are worth.
I never wanted iGoogle, which has to be re-disabled all the time. Why, after all this time, is it not an opt-in option, in the first place? Or, better yet, why was it even devised to begin with?
I never wanted the new interface, which they apparently did not pass by anyone with UI experience. Larger buttons, with words next to icons, are good, Google. Contrast is good. Effective use of color is good (two similar shades of gray don't count).
I can't send a search URL to someone else and have confidence that the first several hits are the same. Grrr.