I think having Paypal involved is terrifying. They would define an experience that would rob normal users of any control.
PayPal are known to freeze peoples assets and refuse to return funds, I wouldn't want to hold Bitcoin with them.
I couldn't agree more. Having Paypal as an intermediary will be similar to handing your coins over to MtGox in the past. You will experience the full set of braindead KYC, AML, and Anti-Terrorist schemes to take away control of your funds.
Don't use Paypal. Bitcoin makes it obsolete anyway.