Michael
I Love YTtalk
Many sites said so, Internet Explorer 8's Trailer even showed how google chrome send data right when text was being inserted and all went to Google Servers.
Sorry for going off topic.
Its still advice, I have looked into it but everywhere I look apparently they delete the data after 24hours of collecting it and also anonymise it, seems a bit odd still though, whats the point in collecting it only to anonymise it. I am glad I dont use it myself, I have a few times but never as my default.