Of course, but 5-6 years ago some of us were teens who had no idea about online privacy. It worries me to see how many application I used long time back had so much information about me.
I think that when apps register on the store, they should have to include at least 100 characters explaining why they need access for each special permission.
And "a smidge" might be full access, more-or-less, to all the important stuff.
Actually, I'm still a teen for some months.