Yeah, I'm still trying to figure that out too. I don't know what the lawyers said earlier today (I'd believe it was the same thing). I don't know how out there the language really was (CNet, the site that started saying "Hey wait a minute now!" tends to be trustworthy, but...), and I don't really know how much of a backtrack the CEO's statements are from the original language. Plus he might be saying these reassuring things and then there turn out to be loopholes after all.
At any rate -- there was a freakout, Instagram seems to be responding, I'll keep an eye on things. Seems to be going in the right direction but I can't tell if it's resolved (or if it was even actually that big of a deal in the first place).
Wish I could remember more about the age limit thing, all I know for sure is that sozlet and I are both sticklers for this sort of thing (she didn't want to go on Facebook even when I was considering letting her, because of their 13 and up policy and she didn't want to lie) and we were OK with Instagram. Happy that this was something she could do with a clear conscience.