Hard drive in the cloud: Use Google Docs to upload any file up to 250 MB

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From Google Docs Blog:

Google Docs we will be rolling out the ability to upload, store and organize any type of file in Google Docs. You'll be able to upload and access your files from any computer -- all you need is an Internet connection.

You can upload to Google Docs any file up to 250 MB. You'll have 1 GB of free storage for files you don't convert into one of the Google Docs formats (i.e. Google documents, spreadsheets, and presentations), and if you need more space, you can buy additional storage for $0.25 per GB per year.

Combined with shared folders, you can store, organize, and collaborate on files more easily using Google Docs.


Video: Google Docs in Plain English.

I frequently use Google Docs for a variety of projects. It has some limitations but overall is a very useful service. Recommended.

References:
Upload and store your files in the cloud with Google Docs