Not worried too much about the new Gmail privacy policy as I do not use Google+, YouTube, etc. and usually use Incognito for browsing. I use Hotmail for junk and other mail but just access through the web browser on my iPhone, and I use Gmail set as an exchange account to sync contacts and calendar events.
Curious though how those who are upset at the new Gmail policy feel about Facebook. They know where you live, who you are friends with, where you are right now and quite a bit more personal data that people offer up. Based on data in their S1 filing they have a return on sales of around 25% meaning to me that possibly advertisers are willing to pay at higher rates than Google or other services for the intense targeted advertising info they are selling on their users, although as more financial info is offered up that view may change.