Store location history locally: this is just a scheme to cut down on storage costs.

There's no winning here, is there? Personally, I'm a fan of Google never giving the option to store location history remotely and this is a step in the right direction.

You know, I'm not going to bother to flip over an envelope on this one. That's at least a million times smaller than Youtube daily traffic. And I might be short a few orders of magnitude.