Smashwords Update: PayPal is Shifting

March 13, 2012
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It’s unclear what this shift actually is, until PayPal actually speaks.

From Mark Coker’s news page:

March 12, 2012 – PayPal update:  I met with PayPal this afternoon at their office in San Jose.  They will soon announce revised content policies that I expect will please the Smashwords community.  Effective immediately, we are returning our Terms of Service to back to its pre-February 24 state.  Beyond that, our friends at PayPal have asked me hold off sharing additional details until they’ve had a chance to finalize their new policies. Thank you for your patience and support during this crazy last few weeks.