I beg to differ based on the first amendment. He can say whatever he chooses and I suggest you reread his first sentence.
My point is that it is better to be constructive.
His solution "keep it on a local machine" is just as bad advice (at least for most people). What if your hdd crashes? Do you make backups? After every send? Are they stored safe enough or can other people find it there? Do you encrypt it? What if you lose the key?
And so on. This is a hard problem.
Yes I made backups. I have a Mac and I backup via TimeMachine every few days.
Plus
I have my wallet.dat encrypted via Truecrypt and the resulting file copied to several places, including burnt CDs.
What boggles my mind is that anyone with more that 10 BTC doen't also do this.
Are you idiots?