Well.. Part one was kind of useless. This should have been a paragraph in the part two article where you actually show how to build the one page web app.
Thought I appreciate the sentiment "just do the right thing and let the chips fall where they may" and try to live my life according to it, on a scale of countries and when hundreds of million of people lives would be affected, it's simply irresponsible and stupid.
If it is convergent encryption, though, a rights holder can still check if their content is being uploaded and send out takedown notices and then it's Rapidshare all over again. Not saying that it's the users/market Mega crowd is going after.
That there's a lack of real innovation might just be an illusion that is created by too much focus on stories about how much money this or that startup raised. Same way how if you watch news and read magazines, one might start to believe that the world is in a very sorry state.