I don't think the web-based graphic editor time has come yet. The user experience is not great. I have to wait for over a minute to start editing an image.
In their 2 minute pitch video (on the homepage) they say over and over again how people shouldn't use photoshop. Even the first line is "do you want to be a photoshop guru but...". And how does it end? "so don't burn cash and harddrive space on photoshop". Really, that's the best they can come up with?<p>If complaining about their competition is their best strategy... well then they deserve to fail.