I absolutely agree with the concept of encrypting everything in transit but...

Why does it seem that it always comes back to this recent bloody NSA thing? Where the hell have people been? It's not likely that organizations like the NSA are going to do anything with your data that would actually cause harm to the company (well, unless the company is doing something illegal). What people SHOULD be concerned about is ANYONE getting their data and if they're just now coming around to that fact, then they're several decades behind what should have been on their agenda all along.

As a bit of a sidebar, this is yet another reason why I prefer local physical hardware as opposed to using cloud services.