A storage space can be the better answer for sharing private files, making backups, or when you simply need more space than free Web servers offer. There are several uses for online storage, but don't throw away your floppy drive yet. Storing files online also has drawbacks. Most notably, storing and retrieving files is only as fast as your Internet connection. If you've got a lightning-fast cable modem, it is less of an issue, but still, saving files to the Net is much slower than putting them on a floppy disk.
Security is another important issue.
If you're using the Internet to store private backups of your personal diary or tax records, you definitely wouldn't want strangers to get access. Read the Web site's policy on the security of the data that you store there. Make sure you store private information in a directory that isn't accessible to others. For keeping private info private, your best option is to use encryption software to encode your data before you upload it. Of course, if you're using the storage space to distribute MP3s of your garage band's tunes, you would want others to be able to easily find and download your files.