You bet it is! I was also emailed: At Namecheap, we care about your privacy and are now giving ALL our Namecheap customers FREE WhoisGuard for life, when they

You bet it is! I was also emailed: At Namecheap, we care about your privacy and are now giving ALL our Namecheap customers FREE WhoisGuard for life, when they register a domain* with us. This important change supports our strong belief in privacy, security, freedom and the equal treatment for all internet users. Suddenly, they care about my privacy, whereas all the previous years they were soliciting subscriptions to their WhoisGuard service with each new registration or renewal order. What a coincidence! And what an unfortunate choice of wording to their existing customers. (Apparently, I was very upset when I got this emailed)