This seems a bit too much for me, personally. Does Germany take issue with Google Analytics as well? They take all kinds of data about users and send it back to US servers.
If I was hosting a site in Germany, I'd probably tend to switch hosting before I removed the "Like" button from my website.
>Does Germany take issue with Google Analytics as well?
I hope so. Subjecting users to tracking by Google without their consent (you have no way to know that website X is tracking before it does) seems very abusive to me. Nothing prevents webmasters from installing tracking software on their own servers.
As already mentioned, Google Analytics also had to reduce the data send to US servers. It is (more or less) forbidden to generally log IP addresses now (the big web hosters already anonymize their log files - the default apache logfile format is somehow illegal in Germany now).
I am german myself and fully agree with the privacy enforcing people in Germany and EU. Everytime you visit a website where someone added a Like button a whole set of tracking data will be submitted to US servers without a chance for me to forbid this. (Never saw a message "Is it ok for you that I load the Facebook Like button where your data will be transmitted to Facebook?") And after Facebook has a nearly complete profile over my web activities (every 2nd page already has a Like button) practically the US government also has all those data (edit: for fairness: everyone who pays for the data too)
If I was hosting a site in Germany, I'd probably tend to switch hosting before I removed the "Like" button from my website.