[Hard core Rikki]

I'd prefer to recommend steering away from it as far as you can. This service could cause great harm to people lured into joining.
Also, "converting local storage into online storage" is nothing I've never witnessed even the scummiest of the anti-p2p corps say with a straight face.

Also, theyre using people hdd space and bandwidth without providing retribution. That would be the same as having ads served from your computers to the people viewing those ads. Plainly unacceptable. The p2p term was never supposed to just be a 'selling factor' (in the same way anything named after Ubuntu or Firefox is guaranteed instant success).
Here, your files are basically just spread across more than one point (this makes it difficult if not impossible to control the flow of these files, regardless of whether these are "encrypted" or not).

UlteOS and EyeOS are as good as ASP services get, for the moment being. Stay safe, and help people stay safe

Post over. Concerns published. Recommendations stuck. You may now boo me for slinging mud at that site (and all the concepts it dares to suggest as revolutionary improvements everyone would benefit from)