Use your brains!
This is much to do about nothing. The terms have been there since at least last year and has nothing to do with Chrome specifically. http://www.google.com/intl/en/privacy_terms.html Look at the date at the bottom. April 16, 2007... well over a year ago. Did you go up in arms then? No. Do you think its possible to display search results without having perpetual rights to display them? Use your brain.