While cloud computing and storage may make sense for some businesses, I have never been attracted to and fail to see any benefit to the home computer and small business computer.
Sure, apps can run super-fast in the cloud, but those applications can be rented as and when needed and that isn't the same as entrusting some or all of your valued materials to the care of others. And while application use may be phenomenal, upload and download may not be.
My major objection to online storage:
Security
Speed
Expense
Security
Some of the early entries to Cloud backup providing service went out of business quickly after finding that they could not afford the server overhead.
Most gave customers adequate warning sufficient to retrieve their files, but some didn't. Bummer for users that lost out.
I've been unhappy with reports of major corporations performing their security development and testing in non-secured publicly rented cloud space.
Again, sure the apps can run super-fast, but the user may have little control over who else has access.
A couple of days ago ZDnet reported incidents of lost data caused by the owning company canceling the access of the user due to supposed violation of terms of use. Since the owner controls terms of use and actual use, there may be little recourse if you loose access to your stuff.
http://www.zdnet.com/blog/hardware/why-you…860?tag=nl.e539
Speed
It may take hours and even a few days to back up all of your stuff to the Cloud, particularly because upload/download speed may be effected by the speed of your internet connection, the speed and robustness of the Cloud providers service, and the amount of traffic during your upload or download.
I can take a full hard disk .iso image backup locally in less than 25 minutes, and restore in even less.
I would not be willing to wait for hours or days to restore my materials in the event of local catastrophic loss.
Expense
For the cost of annual subscription, I may be able to purchase one or more local external HDs to accomplish the same purpose, and have the process under my own control at all times. Basic cloud storage size limits may provide limited backup and access, but many folks and certainly myself would have to purchase additional or premium service to accommodate full back up.
To expensive for me.