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I read through their Terms of Service, and note that they don't guarantee that other internet users can't see your private content, but expect to charge you if it's shared. They tell you that the content might get lost, so keep a backup.

What service are they actually providing? If you need your own copy, and can't share with others, what does the free service do? After all, it's not "free" - it's paid for by advertising.

BTW, I hear bad things about imgur, too. I host my own stuff, and pay more for the internet connection to do that, but it's on my terms.