Cloud Storage Vs. Hard Drive

I'm getting more and more into cloud storage for personal files.  My wife and I use skydrive for business files we share.  We encounter an occasional glitch or two, but on balance it's much nicer having files available on any device and to selectively share with others.  The Standard helps contrast the good, bad and ugly about cloud storage in this elementary-level cloud storage article.  If you're a cloud neophyte this might be helpful to help you decide on whether or not to have your head in the clouds...