I'm perfectly happy having 99% of my photos and media stored offsite. There are a few things I'd want to keep local, but I couldn't care less if Smugmug keeps

I'm perfectly happy having 99% of my photos and media stored offsite. There are a few things I'd want to keep local, but I couldn't care less if Smugmug keeps the originals of my vacation photos. In fact, I'd much prefer that because I can access it from any computer (work desktop, personal desktop, iPhone), I don't need to worry about synchronization, and when done properly they take care of backup far better than I ever could. If I have the only digital copy of my photos then I need to worry about a hard drive failure, fire, flood, power surge, theft, etc. I can certainly take care of some of that by buying an off-site backup service, but then we're back to square one (I will have sent all of my media to a corporate server, but without any of the functionality). Or I can mail DVDs of my data to my trusted friends, but that's also a giant pain. If done properly, with the right privacy controls, there's no reason why all data shouldn't live in the cloud, with a local backup copy only.