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From their privacy notice (referenced by Baddog):
"# Google maintains and processes your Gmail account and its contents to provide the Gmail service to you and to improve our services. The Gmail service includes relevant advertising and related links based on the IP address, content of messages and other information related to your use of Gmail.
"# Google's computers process the information in your messages for various purposes, including formatting and displaying the information to you, delivering advertisements and related links, preventing unsolicited bulk email (spam), backing up your messages, and other purposes relating to offering you Gmail."
I never really thought about how that would steal business from gmail users, but certainly the danger is there. I love gmail, but that aspect makes me a little hesitant...
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