A Privacy page is something that visitors sometimes like to see. But, what about the search engines? Does having one help SEO? Does it give Google and the rest more confidence in your site to help it get indexed?
I think if you have a privacy page, terms of conditions, accessibility info etc it give search engine the impression of a quality website and that is factored into their ranking ago for your site and it has a positive effect on your ranking.
IMO the all these pages or any page is only important in terms of SEO if it contains anything special and unique for its visitors along with the keywords you are targeting.
Yes, John, I see what you mean. It's more from the standpoint that if Google sort of 'likes' a site because it has all the i's dotted and the t's crossed it is more likely to find favour and get indexed.