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Would be way cool if the "connect to Twitter" and "connect to Facebook" from this page allowed for archival of data directly into my Dropbox folder.

You mean your twitter and facebook data?

Yes. As much as possible - photos, text, etc.

Edit: Ivan read my mind. Dropbox API project I now have. :)

That is really interesting. Might I suggest building that with the API? https://www.dropbox.com/developers

Backupify offers exactly this service. It would be nice if you could somehow keep the data on your Dropbox.