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Originally Posted by Katsunami
Cloud services aren't necessarily flaky, but their future is far from assured at this point in time. Other problems to note are possible price hikes, changes in terms and conditions, and changes in specification.
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Those are problems where you have time to switch to a better service more suited to your needs.
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I you want to use a cloud service, then just buy a good NAS and put it at a family member's home for an off-site backup. Put *his* NAS in *your* home and you both have an off-site backup. Many NAS-es have cloud services and accompanying apps built in nowadays.
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Not a bad solution but I wouldn't pay for what I consider a "good" NAS and one of the consumer ones I would use, but I would treat it as not 100% reliable i.e. at the level of a cloud service
But the weak link for me would be my home broadband upload speeds which is why I use ownCloud on a hosted site.