Seriously, I only smile a little when I say "lol." :S And right now, I'm in a VERY bad and depressed mood, so if I say "lol," it's only a smile. At least ATM.
I point this out every couple of months or so on Facebook when all the people start posting those stupid "I do not give consent to Facebook to use any images or information from my profile page....blah,blah,blah....." Um..YES, you did.
I don't read it 100%, but I do gloss over to make sure there is no "by agreeing you hereby consent to make Conduit your default search engine, and install 176 virus scanners" or anything outlandish like that
I have that much time and patience. I also want to know what I'm agreeing with by signing a paper. It's frankly quite unintelligent not to read the whole thing.