With services like GMail that are too anxious to give us free access to e-mail storage, the offering for file storage is still fairly laughable. And that’s not even considering the sheer bandwidth that is needed to make huge file transfers. Then there is the matter of privacy. It is more than probable that a skilled, disgruntled employee of the company you trust with your data could run away with key data you entrust to sell off your personal information.
I agree wholeheartedly on the security issue. Personally, I would never trust my data online, regardless of how sensitive it is. That aside, if all of your data is stored online, what do you do if you get caught without internet access? I’d rather save the trouble and just stick to the good ole applications on my secure and reliable Windows XP installation.
Source: Mad Penguin