Ma.gnolia, a social bookmarking service is down, lost all their user data and they don’t know if / when they can recover. 

This is as bad as it can get for any Web 2.0 service (and more importantly for users), and the backlash against Cloud services has already started.   My first reaction is taking Stowe Boyd’s approach – a quick overview of how safe my own data is.

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Update: also read Krish’s post @ ClouDave: Magnolia Effect – Should We Trust The Clouds?

Tags: backup, data backup, flickr, gmail, Google, live mesh, mozy, online backup, online sync, synchronization, syncplicity, web services, zoho