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Ask HN: is MEGA safe to use? Any reasons to stay away?

Many of us are concerned and on the look out for a dropbox/skydrive replacement.

Wuala is #1 on HN right now: https://news.ycombinator.com/item?id=5853159 ... and I'm sure many others will follow.

In the meantime, I wanted to ask HN: is there any legitimate reason NOT to start using MEGA (https://mega.co.nz/) now? 50GB free, all data is encrypted, we hold the keys (https://mega.co.nz/#privacycompany).

( 2 comments | 2 points | on HN )
Re:Ask HN: is MEGA safe to use? Any reasons to stay away? by noerps on Monday June 10, 2013 @07:08AM (#5853527)
See http://fail0verflow.com/blog/2013/megafail.html there are still security concerns.
Re:Ask HN: is MEGA safe to use? Any reasons to stay away? by galenko on Monday June 10, 2013 @08:19AM (#5853812)
That was brought up a few days after launch and patched next day after this post.