<i>In the past, securely storing and
transferring confidential information
required the installation of dedicated
software. The new Mega encrypts and
decrypts your data transparently in your
browser, on the fly.
You hold the keys to what you store in the
cloud, not us.</i><p>It seems a good idea to me, maybe because I thought of it before :-) I'm not sure how well they will monetize it. I've read that economies come from detecting duplicates and archiving contents just once. But from the customer POV, that would be a strong feature.