I had not really made up my mind about clound computing, but this just did it for me.
Sorry, but the cloud is great with common sense because it makes things readily available anywhere on any device. Just use common sense and a hybrid approach.
1. If private in nature and you wouldn’t want anyone to see it then don’t put it on cloud.
2. If desired, make a local copy of anything you don’t mind being on the cloud, but that you want to maintain control over (for email this can be done with .pst files etc.).
The cloud is great, but only part of an overall solution to data availability.
Yahoo email is cloud software and so is SalesForce. For some things, it’s unbeatable.
Fact is, this Hong Kong based file hosting company was on the fringe of "cloud computing". This is where people went to store illicit files such as pornography and pirated movies and music, etc. That's not to say that everybody that had an account with Megaupload was doing something illegal, no doubt, they signed up some naive law-abiding customers as well, but it was a well known haven for those that were trafficking in illegal files. Savvy computer users knew to stay away and stick with reputable cloud storage solutions - such as those offered by Google, Amazon, EMC and Apple.
Cloud-based storage is the way to go. I can now access my files from any device that has an internet connection. To me, it's all about access to my data, not a total backup solution. I still back up all my files locally so that in the unlikely event my cloud storage disappears, I'll have it all backed up elsewhere.