The dumb storage had far better economics for the user. I love Google products and services, but my immediate impression here is that it's a total step backward for users like me who were already using some kind of local sync app (Insync, OfficSync, etc) w/ paid-extra Google storage - just for documents.

All the extras like the additional gmail space, GDrive integration with other products (but not our dumb storage) seems like ancillary stuff to sell it/lock you into the platform.

Like you, I'm interested to see how I feel about this in a few months.