The portion that seems to be behind the panic is in this paragraph: Permission to share what you ask them to share So don’t trust what the bloggers say (I guess that includes me) and go read the Dropbox Terms for yourself.
It appears some misleading (at best) and downright incorrect claims about the Dropbox Terms of Service are spreading via Twitter and blogs. And as always the main thing to keep in mind is that your 1Password data are well encrypted before ever being sent to Dropbox (or even written to your own disk). Those accusations are incorrect, and the Dropbox terms of service do not give them any rights to your data that you wouldn’t expect.
Since then the net has been a-twitter with very frightening accusations about what Dropbox may do with your data. Yesterday (July 1) Dropbox provided an update of their terms of service.
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