FWIW, I do think that cloud backups are awesome, but you should be careful not 
to give up control either.  Remember, "The cloud" is code for "Someone else's 
computer".  It is true that off-site backups protect you from local disaster, 
but it is probably also true that such disasters are given much more 
consideration now that the used car salesman--sorry, I mean online backup 
services--have an established market of fear surrounding local backups.  You 
should resist the urge to go into the cloud just because.

The tool that I mentioned before, Arq, will encrypt your data before sending it 
to the cloud.  If you trust encryption, and I think you can, then this is IMO 
the right way to use the cloud; give the provider your data, but keep the keys 
to yourself so that they cannot do anything useful with your backups.  
Remember, cloud services have outages and break-ins too, and while they are 
better set up for redundancy, they are also much bigger targets than your home 
backup drive or whatever for crooks, or governments (it's hard to tell them 
apart nowadays).

Just my twopence.

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