> Isn't it true that ANY web storage and file-sharing company could be raided and shut-down tomorrow?
I'd say at its present state, MEGA servers are one of the least likely to be raided, considering the clusterfuck with the last raid.
> if data loss is your concern, be sure to back it up locally
That's a horrible advice. A company that does data storage professionally is much less likely to lose your data. If you have a house fire or a major flood, your computer and your backups will be gone.
Diversification is the key to data safety. Back up both locally and online.
That is far from horrible advice. And you are taking "locally" way too literally. You get to define what "locally" means. It definitely means "not trusting a third party with your important data".
In my case it means that I keep three full backups of everything at three different locations and with various incremental and full-backup schedules. Old data that doesn't see a lot of activity is archived and even burned to DVD and stored in a fire-proof safe. I know that some of it is a bit extreme, but I actually take my work product very seriously and most of it represents "cubic hours" of work. I take the position that my business data is my responsibility and I store it "locally" with enough redundancy that it would take a pretty major event for a significant chunk to be lost.
That does NOT mean that I don't use remote storage/backup services. It DOES mean that I operate as if they could be reduced to dust tomorrow. Which, in turn, means that I have all of the convenience some of these services offer while not having to worry too much about issues at the backup provider ruining my life.
I'd say at its present state, MEGA servers are one of the least likely to be raided, considering the clusterfuck with the last raid.
> if data loss is your concern, be sure to back it up locally
That's a horrible advice. A company that does data storage professionally is much less likely to lose your data. If you have a house fire or a major flood, your computer and your backups will be gone.
Diversification is the key to data safety. Back up both locally and online.