But only the beginning of overstatement and hyperbole!

...These "cloud torrent" services seem to last about 4-5 days before they get dragon punched by copyright lawyers. Let's see how long this one lasts.

put.io has been around since '09, and they're smart guys. I wouldn't worry about them: http://www.crunchbase.com/company/put-io

I don't really feel bad for Boxopus though, thinking Dropbox would put up with their stunt was really silly.