From the slashdot article: http://yro.slashdot.org/yro/07/09/25/1632246.shtml
Update: 09/25 17:52 GMT by KD : This article is misleading enough to be called "just wrong." Matt Mullenweg writes: "As mentioned in
our release announcement, the update notification sends your blog URL, plugins, and version info when it checks api.wordpress.org
for new and compatible updates. It does not include $_SERVER dumps, or
any settings beyond version numbers (for checking compatibility), or
your blog name, or your credit card number. We do provide a way of
disabling this feature; in fact I link to one of the plugins in the
release announcement and in my original response to Morty's thread."