But cloud apps are just the beginning. When the OS is stored on the cloud you know big brother will be truly watching (and monitoring) your activities.
It is the perfect tool for marketing and advertising. The owners of the "cloud" will sell advertisers the rights to scan your public (private)data, searching for key words or browsing activity to enable them to target your machine with pop ups and spam.
I would imagine the Chinese government would love it - for us "westerners", it truly is a nail in the coffin for free speech and freedom of choice.
Soap box - I now stand down.