It's not that I don't want ad's. Ads are essential to many companies to stay afloat, but what I want to see, is simply the option to not give my gps data away. I'll deal with unrelated Ads that appear if it means my location data is safe. It may be paranoid, but is it not the more reasonable approach? It's would be hard to agree that one should have to accept to the new terms stating that they can do whatever they want with your data.
While it should be noted that iAds are not suppose to be in affect until July 1st, hence the reason why this option is not yet available. Although a little more detailed message would have been nice.
George Orwell wouldn't have stood by it. Big Brother is watching you....
“If you do not want to receive ads with this level of relevance on your mobile device, you can opt out by accessing the following link on your device: http://oo.apple.com. If you opt out, you will continue to receive the same number of mobile ads, but they may be less relevant because they will not be based on your interests. You may still see ads related to the content on a web page or in an application or based on other non-personal information. This opt-out applies only to Apple advertising services and does not affect interest-based advertising from other advertising networks.”