No, unfortunately. Paypal won't work with Dreamwidth unless Dreamwidth agrees to delete content that Paypal consider objectionable. Dreamwidth isn't willing to delete perfectly legal content just because some people are offended, so you have a stalemate. There was loads of discussion when this issue arose early in 2010, but you can get the gist of the argument here: http://dw-news.dreamwidth.org/16590.html