This is still not practical for my use.
It is a bit like Lease vs Buy for automobiles IMO.
I recently bought 2x2tb drives for $75 each and a 2 bay Synology NAS for $150. Now I have redundancy (mirroring), online access, much faster access to my data, faster backups, And it was dead simple to setup and configure (web based configuration tool, and tool-less hardware).
Best of all the data is not subject to surveillance and pilfering.
It will take around 15 months before I will break even for my investment (vs Google drive prices), but I believe that it was worth the small amount of extra time spent and the up front spending.
Thoughts anyone?