Redirect Remover has two mainly purpose to speed up browsing by de-proxyfying images and directly jumping to link-target and increase transparency on some links by showing "real" link-target. It doesn't really increase your privacy. It can, but there are like a dozen ways to circumvent Redirect Remover, so don't expect it to do wonders. If you would like to test your Redirect Remover installation, have a look at the test page with all kinds of links containing redirects, special characters and so on.
||Mozilla Firefox: 3.0b1 - 3.6