Which is an alpha-version feature of a service that's currently in private beta. Looks great and I'd like to try it out, but currently I can't. (edit: missing word)
And let us not forget about the whole Drop Dropbox scenario which was very popular on HN at the time it was released: http://www.drop-dropbox.com
And that Dropbox was one of the companies in the whole PRISM scandal.
I still use it, mostly to transfer files between my devices, but there's no way I'm gonna be using it for anything sensitive. Everything sensitive goes to my organization's ownCloud installation which I completely trust since... well, I'm the one maintaining it.