Nintendo of Europe has revised the privacy policy of its respective websites, asking users to login and accept the changes or risk losing those hard-earned VIP Stars.

To keep using the site, users must login and accept the changes before 31st May 2011. If users reject the changes, they can still continue using the site until the end of this month, but after that point VIP Stars will be long gone.

To preserve your perks, log into the European Club Nintendo site and accept the changes.

Update: It appears this privacy policy change only applies to Europe. As you were!