Update: It dawned on me that although I won't volunteer to waive my privacy my neighbors might do it for me. If my neighbor signs up for the program and installs the Google hardware will it pick up signals coming from my house too? My wi-fi? My cell signals? perhaps even sound itself?
If you remember Google street view cameras were 'accidentally' picking up wi-fi details in Europe and storing wi-fi data obtained such as emails.
So the question is - does someone who joins the program become a beacon for their entire neighborhood? Are we supposed to create a dead air space out of our home if we don't want to be monitored by Google (and other companies who may follow suit)? Has this question been answered (or even asked) anywhere yet?