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Other services have a similar feature-set (Mozy, which I currently use), but Dropbox's more complete service features and tasty UI puts it way ahead in my book.
The way Dropbox works, is that it makes a folder that acts the same as any other folder on your computer, but now when you add a file to the designated folder, you'll be able to open it on from the Dropbox folders you have on any other machines. Like magic :), Dropbox copies the files first to the web, and then down to you other machines so they're local always & everywhere. Crazy.
So I'm really excited about Dropbox.
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