Here is another scam that is making its way around. While it is not new, it seems to have been revived, since I've received several of these in the past few weeks alone. Do not even click on the email message, let alone open any of the links; it IS a scam as detailed in the link below. If you are concerned that you have issues with your PayPal account, you can always go directly to PayPal through their official link - www.paypal.com to check the status of your account. But emails alerts such as this one are generally scams and should not be clicked on.
http://spam-and-phishing.blogspot.com/2009/03/attention-your-paypal-account-has-been.html