We had wished that this would happen.
Paypal now sends cheques to India, there are few riders like the amount is remitted in INR (read you don’t get benefits of getting FOREX in), there is no electronic transfer to your account (read takes very long), there is a charge of US$5/- per cheque, the conversion rate is about INR 0.5 less than what our bank give (read you get less money than you would like) – But still it means that we can get money in.
Hmmm… would I trust my cheque to US and Indian Postal Services!