John, I do not think providers who accept PayPal are being talked down, but rather providers who accept PayPal as their ONLY method of payment.
Companies using PayPal as their only method of payment not only limit business in potential worldwide clientbase, but also come off as companies that dramatically cut down on costs, which I personally have a problem with. Merchant account represent rather a low cost on a larger scale, so it has become sort of a "red flag" matter when you come across a company that doesn't have one.
In addition, I do not want to make any statements, but the number of hosting companies that close down fast, statistically, would seem to operate only with PayPal...
Best,