, The Register 2005-07-15
Dell has rejected allegations that its PCs come pre-loaded with an intrusive application that spies on users' surfing habits. The equipment manufacturer said there was nothing untoward about My Way Search Assistant despite complaints from customers that the toolbar impares computer performance, changes browser settings and is difficult to remove.

Anonymous
http://www.snopes.com/computer/internet/dellbug.asp
has one of the better descriptions. Searching for "dell keylogger hoax" on your favorite search engine should pull up others.
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