is this email legitimate?

[esteeh]

I received the following email request from PayPal.  Is it legit?

PayPal is updating the way we send you your account information. Please agree to our Electronic Communications Delivery Policy today. This ensures that we can continue providing you with your account information electronically, including transaction receipts, account statements, and annual disclosures.

Just follow the steps below:

Go to www.paypal.com Log in to your PayPal account You'll see a page asking you to accept our Electronic Communications Delivery Policy Click the link to read the policy Close the policy window that opens when you click on the policy link Click the checkbox to accept the policy Click on "Agree and Continue"

[mrsmoose2]

I received the same email.  It looks very suspicious to me.