Pinterest listened and changed their Terms Of Service.
The tems of service has been a huge issue for some people considering the use of Pinterest. It might not be everything you wanted but the changes seem to be a good start and they are open for more input.
Effective April 6th the new terms of service will be set. The modification in the TOS shows consumer pressure for modification is alive and well.
The complete news from the Friday, March 23 2012 Pinterest Blog.
"Updated Pinterest Terms
Our original Terms stated that by posting content to Pinterest you grant Pinterest the right for us to sell your content. Selling content was never our intention and we removed this from our updated Terms.
We updated our Acceptable Use Policy and we will not allow pins that explicitly encourage self-harm or self-abuse.
We released simpler tools for anyone to report alleged copyright or trademark infringements.
Finally, we added language that will pave the way for new features such as a Pinterest API and Private Pinboards.
We think these changes are important and we encourage you to review the new documents here. These Terms will go into effect for all users on April 6, 2012.
Like everything at Pinterest, these updates are a work in progress that we will continue to improve upon. We’re working hard to make Pinterest the best place for you to find inspiration from people who share your interests. We’ve gotten a lot of help from our community as we’ve crafted these Terms.
Ben & the Pinterest Team"
Care must still be taken when pinning on Pinterest as to not violate copyright issues.
Follow the rules of "safe pinning" make sure the photo goes to the right link or use your own content or photos. Make sure that the author of anything you are pinning is evident and gets credit.
It really is fun and a great place to share your local events, dream homes, great values, fun ideas, colorful themes, home improvement concepts, recipes, etc. etc. and photos that you have taken.
If you have more concerns and have additional suggestions for Pinterest be sure and let them know, comment on their blog and continue to help them with modification of the Pinterest Terms of Service.