What is with the paranoia over Nest's data? Yes, google is a data-hungry company. but Nest doesn't collect any valuable data that google doesn't already have. Sure, the motion sensors in a nest thermostat can sense when somebody is in your house, and what the temperature is. But Google already has your cell phone, they know where you are at all times, that's a hell of a lot more valuable than knowing whether somebody is currently inside whatever building where you installed your thermostat in.
I suspect that the nest acquisition is about finding new uses for all the data they have, not about collecting more data. Google already knows, without installing sensors in my house, when i leave for work. they know when i'm heading home, and when i go on holidays. That all seems like information that a home automation system would love to have access to.