Can't say I'm worried as that isn't personal data...IP, device ID and number of drives...though the IP can be traced to you of course. But an IP is pretty easy to get if you want anyway.
...am I missing something?
What do you determine respect is for consumers? They tell you as highlighted. Sure most people don't read that, but, is it really their problem or ours for not reading it?
Very simply, in the Agreement there is verbatim mention of ‘connected devices’ when installing the Magician software. Connected devices can include smart phones, tablets, WiFi equipment, and plenty more devices that also have identities, some with more private detail than others. In the very real world we live in hacking/tunneling for info is a pretty lucrative pastime. And if Samsung isn’t storing any received data, why bother gathering it?
So I don’t think allowing my privacy to be more or less a matter of high-tech thieves’ ability to maraud around the Net until they explore the Samsung server. I’d rather it be more about me saying I’ll select an alternative if I don’t want to play in their sandbox. If they respect my business, they’ll attempt to keep it. Yes, I know, a kid in Kowloon can find out a ton about me. Why make it easy?