Update: Dropbox Changes Terms in Response to CommentsBy http://profile.typepad.com/1237764140s22740 // July 3, 2011 in Terms of Service
"We asked for your feedback and we’ve been listening. As a result, we’ve clarified our language on licensing," Dropbox explained.
The critical change appears to be in the language pointed out by the most "liked" comment to the Dropbox post, and quoted in yesterday's post on this blog.
The Dropbox update puts the new language in bold, but doesn't show the text deleted, so I ran a redline and here is what it looks like: