A lot of people are upset over this. But, no one seems to care that the US Government can snoop on any electronic communication it wants for well over 10 years now:
http://en.wikipedia.org/wiki/Echelon_(signals_intelligence)
Data transmissions, cell phone calls, you name it. I think we're trying to cook the wrong goose if you ask me.
I think ALL the gooses should be cooked. No one should get the free pass.. so I don't think it's wrong to call Apple out on this.
I thought looking at my location histories was interesting. I, too, have no delusions that I cannot be tracked (cell phone, credit card purchases, etc.) I wonder if all the paranoids realize that any GPS camera encodes that information in the image. Share that photo online and anyone can get the metadata with location of photograph.
You wanna be connected, you can't be truly anonymous.
You wanna be anonymous, sell you computer, smart phone, cut up credit cards, and move to an undocumented shack in the middle of nowhere with no utilities.
Sharing a photo is actively giving out a location. Just like foursquare, tweeting and updating facebook. This issue is about giving out data which is involuntary, non encrypted and not being able to turn it off.
And as for the latter half of your statement - it's a dangerous/slippery slope to start being apathetic about your right to privacy. Once it's all out there - it's that much harder to get it back.
And again - there's a difference between voluntarily and involuntarily releasing of private information.