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I just use the Apple product MobileMe. It isn't for everyone, it certainly isn't free, and I think you get more value from it if you use multiple Macs (or a combo of Mac / iPhone / touch / iPad) but I've used it since it was known as Mac dot Com and have never had any negative issues.
It works with the sync utility so you can set it up and forget about it. You can also access it from anywhere and set up sharing preferences to suit your own needs.
Like all cloud services there have been hiccups, especially when they were making some major changes. They were proactive in extending the service agreement by several months for the inconvenience.
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