Google Drive - Is this the cloud?

Low cost Netbooks and high speed internet connectivity has led to phenomenal growth of cloud computing. If Google comes up with its much hyped G-Drive then things will be very interesting. The industry predicts that the arrival of G-Drive might drastically create rate-cuts in the market of external hard disks, compact disks, DVDs and USB flash drives. You can just save all your files and folders in the web’s Gdrive. This universally accessible network enables the users to access our documents from anywhere, anytime and anyhow. With the help of HDTV, you can watch a “Vijay” movie that you have stored in your G-Drive(?!) with internet connectivity and without a computer. High speed Internet makes all these possible.

The following text is an excerpt from the Google’s Analyst day presentation notes:
"With infinite storage, we can house all user files, including: emails, web history, pictures, bookmarks, etc and make it accessible from anywhere (any device, any platform, etc). We already have efforts in this direction in terms of GDrive, GDS, Lighthouse, but all of them face bandwidth and storage constraints today."

Anyone can use Gdrive – those who trust Google’s policy (“Don’t be evil”). The details say that the GDrive technology spans across different computers, operating systems and devices. I have some questions:

1. Will be it be free of cost?
2. Is this the beginning of the real cloud?
3. Where they are going to insert advertisements?
4. Do they reserve the right to read the files like they do in Gmail?
5. If so, are they evil or not?

That's it yaar! If you have more questions, do write a feedback!