As soon as I noticed this issue, the deal of 1TB storage with a O365 subscription also went sour. 1TB I can't really use -- no deal.
This problem is well known; it's all over the internet -- OneDrive is a sloth. It doesn't affect downloads, btw.
...or have access to a licensed copy of the "real" Microsoft Office, the desktop app, which doesn't lag (that much), where all keyboard shortcuts work, drag-and-drop isn't too surprising, and you can use over a slow/metered/non-existent connection (bus, train, airplane), so you don't really care about Office 365.
Or you use it for something other than Word, Excel and Powerpoint. I know plenty of people who do architecture, landscaping or design who use Dropbox precisely because most of the things they use it for don't involve Office (much).
For lots of people, Microsoft 365 Personal is 70 $/year for 1 TB and a bunch of things that might as well be Google Docs, which are free. 200$/year for three times more storage space isn't a terribly bad deal.
Edit: yes, I realize Microsoft 365 allows you to use the desktop apps. That doesn't add much if you already have the desktop apps. Or if you don't need either the web or the desktop version.
Microsoft 365 allows you to download the desktop app versions of Office. No need for an internet connection after that.
If you use the storage, then sure. But I would assume that you can then find better prices for 3TB.
You can see it this way:
- if you want an office license, it's 70$/year, and as a bonus you have a dropbox equivalent for free for 1TB.
- if you want some storage, up to 1TB, OneDrive is 70$/year, and as a bonus you have access to the complete office suite for free (yes, you can download all the office applications to run them locally and up to date, and also have access to the web versions)
I personally don't see how Dropbox can compete. The competition is cheaper, has more features, and offers almost the same user experience.
My point was that if you already have an Office license, it's 70$/year for something you already have + 1 TB (on what, until recently, used to be a pretty shoddy Dropbox clone, rather than a Dropbox equivalent -- but maybe it's improved in the meantime). In that case, there's no bonus.
Why not a $3.99 for 100GB? $7.99 for 1TB?
A lot of people (myself included) said "That's too much money especially since I don't need that much space."
Unless you're hoarding data or want to avoid Microsoft, the choice is simple. And I'm sure you have even cheaper services.