I believe cloud computing enthusiasts have their heads in the clouds.
Cloud Computing: All you base are belong to us. We've also been keylogging your bank account, credit card details, and have complete access your facebook profile. Actually, we already had access to your full facebook profile, because we're a facebook advertiser anyway. Damn you myspace users!!!!!
Cloud computing is a great advance of technology whereby the user gives up all rights to their software, media, and user data to whomever is hosting it.
There's no piracy where there's no PC's.
Cloud Vendor: Here's your thin client with fast internet connection ... here's your monthly bill for internet access, OS and general software (MS office online not included, premium subscription required), storage (premium subscriptions provide 2GB, 5GB, 10GB & upwards), and content subscription. Failure to pay this subscription bill on time will result in your profile being deleted, which includes your user data, customizations and content subscriptions. As per standard terms and agreements, USB and external storage ports have been disabled for your protection, not for the protection of the cloud computing environment, nor protection of profits by preventing users backing up their data & profile so that they can move to a non-cloud environment or to an alternative cloud computing vendor.