Google, Microsoft agree: Cloud is now safe enough to use

I think that the most important question is not if Microsoft trusts Google or the other way around, but if a normal customer (business or person) can trust any of the giants to secure their data. And going even further, what happens if that trust bond is breached - how much do you lose compared to the classic approach to data storage? In the end it comes down to a risk management issue, but I'm not sure that the risk analysis is always properly done...