I am (as anyone who knows me, and my "phones" ) a bit Jurassic, so am totally unwilling to trust, for example, my photo library to anyones "cloud" (clouds can evaporate right ? ) I possess an impressively expensive collection of Memory Cards.
Surely this idea is best seen as an addition to proven technology (the proven technology being, I would imagine, fairly cheap/trouble free ) No doubt the new system would help to bring some alleviation from MEL/ CDL requirements, but , nonetheless, would be best (in my opinion ) viewed (in the short term at least ) as an enhancement rather than replacement.