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Even if you do use the site to host your entire Harry Potter movie collection, BayFiles probably won't get in trouble -- aslong as the site doesn't encourage or promote copyright infringement. In 2010, the United States District Court of California ruledthat upload haven RapidShare is not guilty of copyright infringement, setting a powerful precedent in the United States, at least.
Cloud-based storage lockers are certainly getting popular. Not only are Amazon, Google and Apple getting on the scene with their respective services, but seven of the top ten file-sharing sites in August 2011 were locker sites like Megaupload, 4shared and Mediafire.
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