Okay, it's time to get serious and look at the real threat to our data, in the event of an Electro Magnetic Pulse attack on the areas where the data is stored - something no-one seems to have mentioned here yet.
Over dramatic? Do your own research and ask yourself which weapon will be used when the human rights lawyers ban the use of any ordnance that causes human collateral damage.
Now let's look at the prospect of an attack taking out EVERYONE'S Cloud-based apps all at once! And just for those who live in the USA who think the rest of us are still pushing handcarts, we're also at risk too. If that happened, the whole World would come to a grinding halt - until someone breaks out an old Mac, some old app DVDs and winds back the clock 2, 3, 4, 5 years.
Life in the Cloud? It's not sensible and it's not clever. What's happening now, in the real world, is that portable storage is increasing in capacity to cope with our needs. Soon there will be no need for mechanical drives as NAND flash memory is getting cheaper all the time. NAND flash drives are inherently more stable, and a lot less prone to damage, making them perfect for portable devices.
The reality is... we don't need the Cloud for our apps. It's that simple.
Google understands a lot of things. Google people are very clever. But they think like geeks. The majority of people just want a simple solution that works. And Google have only created and successfully monetised three business models: Ads in Search, Ads in Mail, Business Search. Everything else is wishful thinking... unless we flock like sheep from MS to the next Big Brother.
The big danger is that Google will try to become Microsoft. Maybe they already are. As an Apple user who's interest in Apple goes back to 1985, I can see the patterns developing already. When the people at the top of a company start predicting the future - based on what they're working on... which just happens to put all the competitions current business models in the trash, it's time to call in the guys in white coats.
Gates spent his entire career doing it - then every time ended up either steeling or copying Apple. The guys at Google are smarter, but not any more business-minded. Oh, and before I get flamed, Gates was just greedy, unscrupulous... and lucky, there was never any clever marketing plan.
If you want to see clever marketing, see Apple post '97 via iMac [USB, internet ready], PowerBook, iBook, iPod, iTunes... iPhone. One long run of flawless success in pure commercial terms.
Google entered a market dominated by incompetence. Remember Altavista? That was my search engine until someone sent me a link to the early Google. Again, no clever marketing. We needed Google. We don't need Cloud/Chrome et al.