Moshe, I read last week that they are even using the pink slime as a filler in the ground beef that we buy at the grocery store. Last year, I got an electric meat grinder on Ebay so that I could make my own. It ends up being cheaper too. All you need to do is buy a roast, grind it up with a bit of fat (You have to use some type of fat or the beef won't bind as well and the meat will be dry), and it turns out much leaner and tastier than store bought. And, you will know exactly what is really in it. I learned to add some real butter while grinding, and the results when cooking are incredible! You will never want store bought again! A few years ago I saw the grocer in the back making ground beef, and the cuts of beef he was using were unlike anything I have seen before.
Pink slime is nasty, ammoniated garbage. "Mechanically separated" meat is just as bad. I won't eat Hot Dogs, Bologna, etc. Once every couple of years or so if I decide to eat a Hot Dog, I will make sure that it is not mechanically separated, and is usually a higher quality brand, such as Hebrew National. I'm very picky when it comes to meat, especially after hearing so many horror stories.