I have to admit that when I started getting into this cloud computing, I was skeptical (still am) and not sure how it was all going to work, because I had problem after problem. Now that I am getting more into it I find that I really like it.
If I have learned anything at all, it is to Slow Down and look at what you are doing. One little slip could (like accidentally sharing a private folder) bring unwanted results.
LiveMesh I have found is fantastic, and fast; although there are some things missing like seeing what files are where in the sync process. The other items that I think are missing or should be there, like file location in a folder, aren't there, but if you have the files named you can still find them easily. The 5GB storage is somewhat small, but maybe they will increase that as time goes on. the 25GB in SkyDrive is (IMHO) more than enough.
Now to get my Windows phone and put it all together.
Ok that was my $.02/ worth.