With a "fresh" OWB 1.26, directly copied from the MOS 3.12 ISO, the recaptcha still here and I can't resolve it/enter the site.
Same problem with my "used" OWB 1.26 and with a fresh OWB 1.25 with no cookies/localstore (apartthe new created by Paypal).
I also tried Paypal.de/Paypal.com/Paypal.fr, but same problem.
I continue the search...

Obligement - L'Amiga au maximum
http://obligement.free.fr