I don't consider wanting a secure phone being paranoid.
I believe only a fool would use a smartphone, a tablet, a computer or any internet enabled device with known security vulnerabilities. I also believe it foolish to buy a high tech device and then turn off some of its best capabilities because you are afraid of what might happen.
Several weeks ago, it was insecure apps on Android, this week its the leaking of personal data.
I applaud Google for fixing this quickly, however, a server side fix may not be available next time so carriers and manufacturers have to plan for that when they Modify Android.
If they don't, then Android could find itself losing marketshare