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Storing your files online isn't a new idea. Even way back in 1995, files were downloaded from FTP sites, rather than a website. Even your free homepage is, effectively, a site where you could upload and download files. As long as you can remember your login/pass (or change it to something memorable), you can login, upload, then download from another computer. However, both Microsoft and AOL have attempted to make this a seamless process for novice users by offering free 5GB worth of storage, along with tools to enable you to backup your data.
Windows Live SkyDrive was recently launched, along with an increased 5GB of storage space. Just recently, AOL announced their Xdrive technology, which also ships with 5GB free storage. Just install Xdrive and then drag and drop files to and from the desktop tool. Now, if only these tools went one stage further and enabled you to sync uploaded files to/from different computers, this would make the process even more seamless.
Windows Live SkyDrive and AOL Xdrive links.
For all online backup and storage related info, I recommend this website:
Take a look at Microsoft's Live Mesh: http://mesh.com
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greg on Backup & store data online with Windows SkyDrive or AOL Xdrive
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