Avid Cloud Collaboration

As you all know Avid will introduce Cloud Collaboration in Protools 12. This new feature will allow Avid users to upload their works and share them with other Protools 12 users around the world. The idea behind the cloud is to take global networking to a new level never seen before. However although exciting some cons can come with the new Avid Cloud, for example exactly how secure is your work on this new cloud? As well as how can works created by different artists around the world be sorted out in terms of copyrights and royalty rights? Pros to the cloud however is that now that the vast Avid community is now connected through a platform of social media that allows the user to fully emerge him or herself not only in their own Protools sessions but the sessions of others who they otherwise wouldn't really communication or exposure to each other. Also another positive feature about the cloud is that now your own work can be heard by an audience not normally in your demographic giving you more exposure as an artist world wide. Without a doubt many factors will contribute to the future of Avid Cloud Collaboration but ultimately time itself will tell weather the new Avid Cloud Collaboration will be a success or failure. What do you think?!