Picasa Storage Price Drops

I just read the news piece from CNET: Google cuts Picasa Storage price. Users only need to pay $5 for 20 GB storage per year. The price is really cheap and attractive, in 2007, it cost $20 a year for 6GB.

Google's new policy can be seen as trying to match the dropping cost of hardware devices and it will gradually become a more attracting place to backup and share photos.

What I'm interested is, with such appealing price, if I "put all my memories online for a year", what will happen if I don't renew the service? According to Google current policy, "any photos or messages over the free storage quota will still be accessible, however you will not be able to add new content until your storage balance falls below the free storage limit."

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