The lyrics to the Joni Mitchell song are remarkable pertinent to to The Cloud we know todow.
I keep getting bombarded with offers of Cloud storage (Apple/iTunes) and Cloud Players (Amazon). These are all very well and each has offered me 5GB of free storage so I can listen to my own music anywhere. However these are dependent on a reliable internet connection , so it's fine if you are at home or at a friends , or maybe in an area with reliable free WIFI. In a 4G area it will also be fine and 10GB is a hell of a lot of space to play with.
But you have to remember it's only available when you have a connection. When 4G is ubiquitous speed will not be an issue for anyone , but remember that your daya and files will effectively under someone elses control.
On the numbers involved my first desktop computer had a 10 MB hard disc , (thats 10 minutes of normal quality MP3 music!) , but I could still play colour graphic games under the DOS operating system.
The amounts of cloud storage would enable you to store 400 albums of music , a dozen DIVX movies but there wouldnt be enough room to store a High Definition movie within the 5GB, although they do offer you more space at a price. Though I would rather watch through Netflix or Blinkbox and again you come down to the issue of having a permnent reliable connection.
You are not at the moment able to watch a streamed movie in a remote Scottish Glen on on the train from Aberdeen to London.
I still havent used my Cloud Storage yet ........