By Mikal E. Belicove|For Entrepreneur.com|May 26, 2011

The topic of cloud computing has had its share of ink lately, some of it good, some of it not so good.

On the positive side, Apple is negotiating with record labels to allow consumers to upload and store music purchased on iTunes, online via the cloud. If approved by the record labels, Apple will provide access to cloud-based servers as part of using iTunes, thus eliminating the need for customers to store music locally on a computer’s hard drive.

On the not-such-good-news side, Amazon’s EC2 cloud-based servers went down late last month, temporarily knocking out access to many popular web-based services, including Foursquare, Reddit, Quora, BigDoor and Hootsuite.

Regardless of how prevalent cloud computing is, the concept of using shared servers to access everything from documents to software appears foreign to business owners — a troubling finding as added services go to the cloud.

Indeed, 72 percent of decision makers at small- and medium-sized businesses…

Continue reading Still Foggy on Cloud Computing?