Swype is operating in a marketplace that is full of apps crying wolf and asking for way more permissions than they need, usually for unknown purposes. For example, I like to read The Verge and use its app[1], but it has "read phone status and identity" and "modify or delete the contents of your USB storage" in its manifest, which I'm not comfortable with. There is nothing that explains what they use this information for, how long they store it, and who they share it with. Heck, my desktop browser doesn't give theverge.com this permission and yet the site functions just fine.
Why should I bare my personal data to the whole world just because one developer is too lazy to implement checks on his inputs?
[1] https://play.google.com/store/apps/details?id=com.verge.andr...