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No, I don't necessarily keep all my private information local. I just keep what little information I am super concerned about local (and that isn't even necessarily private information).
But I'm still not seeing a concern about the cloud unless there is a fear that personal computers are somehow going to go away.
I'd still maintain that within the area of privacy advocacy there is a big disconnect between how much the advocates care about privacy and how much the average person cares about it and what their price is for giving it up.
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