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Out of interest, how much data were you backing up? I ask since if I were to go for a cloud-backup, I'd be doing 3-4TB. Thanks.

I've found its typically limited by my upload speed (ADSL2+ at 100kb/s up), took me a few months for a couple of hundred GB.

~1.5TB

Like the other user said, it is limited by speed + there is a cap of amount you can backup per day