Why not? Here in Canada true fiber to the home is available in most urban centers at up to 8Gbps speeds. You only make small changes usually if you are a normal person so not problems at all.
The only issue is cloud costs which are high for 2tbs in the cloud at this point.
ok, true. let me rephase that. there will always be places and situations for which cloud syncing is not a feasible solution. as a frequent traveler and digital nomad i am quite frequently in such places and situations and therefore i prefer to maximize my recovery options by not relying on cloud sync. (i do have a self-hosted cloud backup, but it is not a replacement for other recovery options)