I'm not "paranoid". It's a matter of principle ... the fact that they expect users to agree to it at all in the first place. As for thinking that amending the terms of contracts and initialing them, doesn't change them, it most certainly does. After all it's the terms that makes a contract what it is, and once the other side is notified they are obligated to respond or else their acceptance of the amended terms is indicated by their continued supply of services. I've done it more than once with everything from bills of sale to rental agreements to TOS.
Not only that, I've been through it here with the Provincial Civil Legal Team when my workplace suddenly began requiring employees to indemnify a cell phone provider ( Telus ) just to sell their phones. In that situation I found a case where someone had bought a cell phone from a store, used it while driving, got into an accident and sued the store and cell phone company that sold it to her. I also found case law citing a B.C. Judge who talks about financial compensation being central to the concept of indemnification. The advice of my lawyers was that I would indeed be liable for damages in such a case if I were to agree to indemnify the cell phone provider. So I refused and then my job was threatened. After that, my lawyers said that by threatening to fire me over it constituted undue pressure and it nullified the agreement. So if you don't think it has no relevance, think again. It matters so much to them that companies are now making employees indemnify cell phone suppliers under threat of dismissal if they refuse. Needless to say I don't use a cell phone either. They're yet another fix for instant gratification junkies. I've gotten along fine without one for over 50 years. The last time I needed to make a mobile phone call I used the pay phone at the gas station. It cost me 35 cents. Hows your cell phone bill this month?