Amazon Cloud Drive - Is 'Unlimited Everything' Worth The Price?

Amazon's announced the pricing for its online private cloud storage service 'Cloud Drive'. The unlimited everything plan is being offered at $59.99 (~Rs. 3751 per year). With that subscription you will be able to store almost everything you have on your machines - from files, photos, videos, important documents, music etc. Lot of people are calling this service disruptive in terms of its pricing (typical Amazon!).

Compare the pricing with the competitors:-

• Dropbox: 1 TB : $100/year
• Google Drive: 1 TB: $120/year
• iCloud: 1TB: $240/year

Also note that Amazon's offering 3 month free trial of the service so nearly half the price of its closest competitor you get 15 months of subscription to store unlimited number of files. There are several advantages of it if you compare it with the portable USB drives or external HDDs.

• Access it from anywhere without having to carry the drive with you
• No fear of loss of data through physical damage
• No limits on storage [your pen drive or HDD can store ~1TB]

Noteworthy Constraints: The mobile app for the cloud drive will limit the file uploads to 2GB. However, the desktop version will allow you to upload files of any sizes. That's storing your 4K videos shouldn't be any problem.

I'm tempted to give this service a try. What's your take?