Maybe it's a good time to catch up with us in the 2nd decade of the 21st century? Not meaning to be impolite, but consider this.
Just yesterday I was talking with a friend of mine in Sydney. He's a very advanced thinker, software developer and entrepreneur in web services, email marketing and 'contacts' development, and more, utilizing commercially available servers (you don't need to own one to offer the service..)
I used to work with him back in 2002, so we're quite friendly. In those days we were selling high quality business cards. We had the design work done in India and the printing done in Perth, 2,500 miles away. We used to mail out the proofs and subsequently the finished product from our Sydney office. Pretty cumbersome eh?
I raised the very subject you mention, whereupon he informed me that he now has no backups stored on his own computers. He has it all stored on 'the cloud'. Moreover they no longer mail out proofs, they put them onto their servers; on 'the cloud'; where customers go to view them.
I also have utilized 'the cloud', indeed much more lately since travelling for three months in India. I found Internet services so spotty I was frequently 'reduced' to using Internet cafes. And in many ways I gained a minor education by doing so.
I found that all my Contacts (over 1,000) are on 'the cloud', in Google in fact. It's not as though I haven't had them there for several years but I never thought of it that way. Then I realized that all my emails are of course, on 'the cloud'! AND my schedules or personal appointments or wake-up calls, whatever you want to call them. I also have around 500 'Notes'; I've been agonizing how to have them available to my smartphone for quite some time: But, they are in Evernote. They are already on 'the cloud'!
You see, what I have been doing is worrying myself as to how I was going to sync these records etc to MS-Outlook, and indeed I have been partly successful. But recently I came to the realization that I needn't bother! Why bother? They are all stored, quite effectively and reliably, on 'the cloud'. WHY was I bothering?
So I looked at my personal accounting system. It was NOT on the cloud: I told 'them' about it, they ignored me, so I changed to software that IS on 'the cloud' (Clear CheckBook.) Microsoft have embraced 'the cloud' with their MS-Office365 although it needs a monthly payment and I'm not sure it's usable by private individuals yet. Google have had their copy of Word and Excel for some time, on 'the cloud', but with some shortcomings.
So now I am using 'the cloud' for all my backups. Although I am still backing up locally I attach far less importance to it, indeed I might even curtail it soon. I think I've almost caught up with this 2nd decade of the 21st century.
How about you?