Damn right! when walk around the streets I expect to be anonymous (except for the people that know me) I don't think it will be possible if we are surrounded by cameras recording every move.
Besides, it doesn't feel right to have a society where its citizens are constantly watching each other remotely for possible criminal behaviour. That sounds screwed up if you ask me.
On a normal situation if I do something wrong and a cop sees me, I can be stopped and confronted on the spot, face to face and have the chance to tell them to bugger off and mind their own business if I feel it's not right. But with these remote cameras business it will be some faceless entity, where is the accountability? What if I'm kissing my girlfriend or something less glamourous like scratching my ass or picking my nose and there is a bunch of freaks watching from fu**k knows where and zooming in on me?
With these kind of schemes we are giving goverment more power than ever before, shifting the balance further against the individual. The right to privacy does matter and we shouldn't give it up so easily.