This is not a welcome to the cloud, this is a welcome to the crappy legislature. Dropbox provides 2gb free, how much time will it take to have a megaupload v0.2?
Cloud storage providers can go down for different reasons. Crappy legislature is one of them. If you entrust your valuable data exclusively to one provider without having copies and/or backups somewhere else, you are doing it wrong.
I agree. It's 2012 for God's sake, How times do you have to see the commercials and ads about not backing your stuff up before you get a clue?? I would also add if you think using shady file serving companies to store your legitimate files is a good idea, then you're also doing it wrong.