I like the idea that Pay Pal wants to get involved, but it will hurt the reputation of what Bitcoin stands for, like with all Pay pal transactions, there are fees on top of fees and fees for the fees they have. everyone has fees, the person sending funds thru paypal gets fees, the person receiving the funds also gets fees. this is completely counterproductive to bitcoin, the ones that know what bitcoin is and how it works would never use pay pal, the ones that are ignorant of bitcoin would make pay pal filthy rich.
The problems Pay Pal faces is its ability to secure transactions, without setting up some kind of escrow, which if set up by paypal would incur yet more fees, there is no way to gurantee a transactions funds for product.
the other problem they face is people like us would not use Pay pal for transactions, we dont need them, Bitcoin itself is a paypal account all by itself, we dont need an online transacting ability to send our coins anywhere, the most they could do to profit from bitcoins is set themselves up to be an escrow company only.
