As an individual (and as a studio head) who used PayPal, yeah. Fuck them.
It really sucks because when offering a product to customers, PayPal is a super attractive option. Who doesn't have a PayPal account? But yeah, they're absolutely horrific.
I bought a four-pack of Borderlands back in the day and had my three other friends chip in to my PayPal. I bought the game on Steam, but PayPal thought my purchase was fraudulent. They proceeded to take their money back from Valve, and thus Valve has no other option as per their policies than to close my account (and with that ~$2k in games).
So yeah, CRAAAAAZY