The US government’s argument that you lose all your property rights by storing your data on the cloud could apply to Amazon’s S3 or Google Apps or Apple iCloud services as well.
“On Tuesday the EFF filed a brief proposing a process for the Court in the Megaupload case to hold the government accountable for the actions it took (and failed to take) when it shut down Megaupload’s service and denied third parties access to their property. Many businesses used Megaupload’s cloud service to store and share files not related to piracy. The government is calling for a long, drawn-out process that would require individuals or small companies to travel to courts far away and engage in multiple hearings just to get their own property back.
Would this stop you from storing your data on the cloud?
The full news story – Megaupload and the Government’s Attack on Cloud Computing