@bikecurious I wasn't criticising the user experience. I am sure Google work hard to provide a good one.
As to the price, well, the obvious question must be "why is it so inexpensive?" .
Because Google see's it as a loss leader?
Because they are betting on getting your data in the end?
Because they are denying their competition market share?
Another question I ask myself is...
"Is there something Google could do to remove all doubts? "
and I think there is - Zero Knowledge Storage.