Re: I Call Bullshit
I think you miss the point. A lot. See that spec on the horizon? That's the sign post telling you where the point is.
"Your Macbook HD with its 2-3 warranty is more reliable than multiple server farms spread across continents?"
Of course not. Not HDD is. That's why we have RAID and multiple back-ups (with at least one off-site).
"Techies will steal your music?
No. But they may mine the information and report yo to the authorities. Heck, the authorties could even compel them to do so. Also, your data comes under the jurisdiction of the hosting country which could land you in some very hot water if you are unlucky.
"Cloud server administrators cannot and absolutely will not deliberately delete your files."
Unless compelled to by law or other threats (see above). Imagine the MPAA issuing takedowns for movies/music you have uploaded for personal use. Heck, just doing that could be a criminal offence.
"So be circumspect with what you store and where you store it."
Oh, you did get the point after all.
Me - I will store my data locally, keep back-ups and use the cloud only for information I need to share with other and, for whatever reason, don't wish to host it locally. When in the cloud, most of that data will be encrypted/locked by me to ensure that only the people I want have accees