There are many sites which only accepts paypal and not bitcoins. So we cant boycott Paypal even it has high fees. Where there is an option of bitcoin and Paypal, i will defiantly recommend to use Bitcoins over Paypal.
In short PayPal may be present but future is only of bitcoins.
That's true, because I have heard somewhere that PayPal will itself start using Bitcoin as a mode of payments like they use credit cards for transfer of money... I hope this comes true as soon as possible, and that will make it easy for Bitcoins to take over everything from PayPal...

I think paypal still not use bitcoin as mode of payment.. maybe in the future but i still not heard it.. i heard coinbase want to be partner business with paypal but until now there is no good news.