All day in my RSS reader, I've been hearing about how PayPal is coming to the Android Market. Someone ripped apart the latest Market APK and found references to PayPal, assumed this was new, and assumed that it meant PayPal support would be soon be hitting the Market.
The problem is it's not new, we found PayPal references in the market going all the way back to 3.0.26, the first release of the current market design. 3.0.26 came out in July.
Don't believe me? Go grab yourself a copy of 3.0.26, decompile it, and search the files for "paypal." There's a ton.