I got about halfway through before my eyes glazed over. Anecdotally, this sentence struck a chord:

"But in the court’s eyes, this is not enough. The court seems to say that there should be 'something more' drawing the user’s attention to the terms, such as contrasting text or a warning...."

We were recently advised by external counsel that our privacy policy and safe harbor links were not adequately visible (they're just plain text at the bottom of every page), and restyled them accordingly. ymmv.