Originally Posted by HarryT
Certainly it makes sense to have a redundant backup strategy. But cloud storage is big business in the commercial world. The company I work for (not Amazon) is investing serious money in selling secure cloud data storage to businesses.
I did not get the impression that Amazon was targeting businesses. I bought a 1 TB USb HDD the size of a pack of smokes. Not very difficult to take with me or even lock away (granted I don't have a fire proof safe or anything like that, then my data doesn't really have a commercial value).
My surprise comes from the difference in pricing. If Amazon wanted $100 for 1 TB I can see how some people might opt for an offfering like that, but $1,000?