> "I'm looking at this report with a very skeptical eye; I moved away from Dropbox after they brought Condoleezza Rice of all people on to their board of directors to oversee privacy issues."

She's on the board, it has absolutely nothing to do with the day to day of this sort of thing. If you want to get a good idea of how any company handles your data look at it's legal team, past and present. And Dropbox's legal team has an amazing record of fighting for users privacy and constitutional rights.

(full disclosure I am an ex-employee of Dropbox)