I think in the quote Google is referring to satellites in the context of the terrestrial photos being tagged with coordinates.
Yea, these StreetView links are tricky or something because instead of ass I was greeted by epic nerds.
Imagine my disappointment.
The way I interpreted "No, this is an invasion on your privacy" was that by clicking on a StreetView link, ostensibly to invade the privacy of others, in fact your privacy has been invaded by Google, who recorded your IP, computer configuration, location, and interest industrial music, being referred by digitalgunfire. They may even have recorded our interest in ass or nerds.
Though my understanding is this thing:
https://addons.mozilla.org/en-US/firefox/addon/722foils Google's javascript tracking.