Apple has this ability too, for those who weren't aware. You can actually inspect the app black list at this URL:
https://iphone-services.apple.com/clbl/unauthorizedApps
So far nothing is on the list.
I find it hard to pass judgement on remote wiping of apps - I won't know whether I would feel outrage or relief until it happened to me. If the app just vanished and I had to use a search engine to find out why, then I would be pissed. I guess if the Goog contacted me and explained the situation, that would be acceptable.
Overall, I put it on the same scale as credit card companies suspending your account on suspicious activity - annoying, but you're awfully glad it happens on occasion.