I've never heard of it before, but apparently it's fast-access like Dropbox, SkyDrive, or Gmail. All you have to do is make a new account.
For those of you with a desktop and a laptop for campus or work use, and that haven't started using cloud storage, you should really give it a try...and since it's free, there's no reason not to.
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Nice find, going to try it out as well.