There are also numerous disadvantages of the whole "cloud".
You are no longer in control of your data, and it will be impossible to tell who exactly has access to it. All you can do is trust and hope that the service you use will abide by it's privacy policy (That is, assuming they actually have a policy worthy of putting privacy in front of it).
There is also the issue of availability, you will just have to trust that the service you use keeps running and available to you.
If they decide to stop offering their service: Have a nice day. If they have a outage for a week: Have a nice day. If they delete all your files (By accident or purpose): Have a nice day. If they decide to suddenly charge you for access to your files: Have a nice day.
I, for one, will stay away from the cloud and firmly attached to the ground.
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UNIX was not designed to stop you from doing stupid things, because that would also stop you from doing clever things.
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