I do have two external harddrives, which I use to store TV stuff and films. There's plenty of space in them, so I can always backup my essentials (My documents, etc.) into them should the need arise.
I don't trust much cloud services, a lesson learned from the Megaupload era. I also don't consider them an option at the moment because my connection has a decent download speed, but the upload speed plain sucks.
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