Ultimate-
The FTP TOS is not meant to be scary, and by no means are you waving your right to standard tech support. The form is necessary, though, as many people have broken their store by editing or deleting something that they should not, or worse yet, running off with our code for their own purposes.
We do offer Read-Only FTP on a per request basis for your external FTP client... However, the more "limited" FTP we do offer is integrated into the admin panel. We will evaluate the wording, though, to ensure it's intent is passed along more effectively.