In this recent article, Richard M. Stallman expresses his view on Cloud Computing. According to him, C2 is nothing but a fashion statement. RMS advises users to stay local and stick with their own infrastructure.
My personal view on C2 is that it is more or less a business decision. Getting someone else to provide you with quality infrastructure is as simple as getting a cabby to take you somewhere rather than you drive on your own. Because in the business world, its all about getting rid of overheads. And of course, at the end of the day it is all about money!.