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Calibre has nothing to worry about. It's maybe a nice tool for people with tablets or working with computers where they can't install Calibre (at work, library, whatever), but the hassle of "send your document through a third party" means people will be cautious about using it for sensitive documents, and the one-at-a-time approach means it can't be used for large batches, and the lack of formatting options makes it of limited use for commercial production. (Which authors won't want to be using it for because, again, third-party step... what happens to the files after they're uploaded? Do they keep a copy?)
It's a nice converter for people who have a handful or two of ebooks they want to convert, and don't want the hassle of Calibre's library functions. But it's by no means a replacement for a conversion on your own computer, where you control access to all the files.
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