I'd have thought HP's idea was brilliant had I managed to get in on the deal.
But "we spent 100k on a domain name for a non monetised service which competes with dropbox file hosting on one hand, picasa and imgur on image hosting, letscrate and sendoid on file sharing, and has nothing to match Dropbox on the high end, and is 'just' framing S3 storage" screams "hello? Bueller? What are you doing?"
I can get 25Gb free from Windows Live Skydrive with Microsoft behind it, soon to be 5Gb free from app-integrated iCloud with Apple behind it, 5Gb free from JungleDisk, 2Gb free with industry leading sync from Dropbox, and miscellaneous 10Gb free from 4shared.com, 50Gb free from Adrive.com temporarily, 1Gb from freedrive, 1Gb from flipdrive, 1Gb from fileden, (and stuck in the past there's 20Mb from filegenie).