Let's not forget Dropbox is just a replica of local storage. That's the whole model. It's more meaningful to discuss whether or not this could happen to S3. I don't see anyone legitimately worried about that, because it's quite obviously a very legitimate business with tens of thousands of legitimate customers (just like Dropbox). Articles like these portend to get you thinking about the broader implications of a takedown, but in truth they cloud clear thinking with what are essentially scare tactics.