I'd be on board with this if it weren't for the fact that Mega as it exists is a gigantic middle finger in the general direction of the copyright industry.

While admirable, that is not conducive to their continued well being.

Mega is not a drop-in replacement for dropbox. Unless they drastically changed how they worked since the last time I checked.

Well they do have a desktop folder syncing program so it works more like dropbox. They probably don't have a lot of the same APIs and more in depth ways to use it. It is just file backup and encryption.

They didn't seem to know how to do cryptography right though.

Well they responded to all criticisms fairly reasonable and also introduced a vulnerability reward program. If you find a flaw you get up to 10000 €.

agreed. perhaps crowdfunded open security is the only way to go.