Sound's like someone hasn't been keeping up with the GDrive rumours.
From what is being suggested, is that Google will be giving people the equivalent of dropbox's premium services... for free.
I think dropbox is great, I have a free account and use it all the time, I'd like to get a premium account if my needs ever get to that point - but if Google can provide significantly more space + their brand recognition, it's going to be hard to compete with.
Online file storage is boring. Dropbox is free and works really, really well.