Rackspace today announced a series of cloud computing initiatives including storage (in competition with Amazon S3).  Great news.  Competition is good.

They also announced they acquired Jungledisk, which is the tool I use to access my S3 account.  Having Jungledisk support Rackspace cloud will be nice, but I hope they don’t eliminate or diminish the S3 support as I am dependent on Jungledisk at this point.  Only time will tell, but the thought of Jungledisk moving away from S3 support makes me nervous.