You make it sound as it there's really something important - worthy of the user's time because google spent a lot of time on it and think it conveying very important information.
Not really.
During the installation of Google Toolbar, there comes a 'choose your configuration' screen. A place where users have to choose enable or disable pagerank. Google does describe that url being visited by the user would be sent to google.
Now comes the most important part. Let me rephrase that. Now comes the most important part, from user's perspective. Google goes on to say that google wll not provide personally identifiable information to any 3rd parties EXCEPT .. read: yada yada yada.. hey user, if u r so concerned, go click here and read this and read that coz we dont have the time to tell you in simple words about the EXCEPTIONS we will make. perhpas we'll sell your information to the highest bidder or just whomever we like. but wait, we are not going to tell you at this screen, we want to you go there and click that and read whatever.
real mature. Wouldn't it made sense to include the exceptions right on the same page ? is the google toolbar privacy policy so cumbersome that users have to really sit back, take all the time in world and read it and then try to make sense of it ?
disappointed user.