iTunes and Paypal are routinely cited (for good reason) as examples of services with too-long terms of service, but funnily enough, Media Temple's ToS puts them to shame:
* iTunes's ToS[1] is a little over 14,000 words (15 pages if I print it out)
* Paypal's user agreement[2] is a little over 23,000 words (31 pages if I print it out)
* Media Temple's ToS is over 25,000 words and 44 pages if I print it out
[1]: http://www.apple.com/legal/internet-services/itunes/us/terms...
[2]: https://cms.paypal.com/us/cgi-bin/?cmd=_render-content&c...
However, I've never signed either one, and if they were posted here under the heading "keeping it real" and "We tried to keep things as simple as possible", I would say the exact same thing.
There is no clickwrap-style agreement -- none -- that will ever approach the importance of many documents I have physically signed in my life, and not a single one of those documents even begins to approach this length.