Internet entrepreneur Kim Dotcom has finally launched his new file-sharing and cloud storage service called Mega, according to a report.

According to Dotcom himself, the newly redesigned Mega was built from the ground up using pure HTML5 coding that’s not even in the official HTML5 classification yet. Also, Dotcom claims the Mega site uses advanced encryption technology to protect its users.

The Mega basic service is free which offers 50GB of storage, while 500GB of storage costs $13, 2TB of storage costs $25, and 4TB of storage costs $38.

Furthermore, Dotcom said that “everyone involved in building the site has a background in information security.” Dotcom went on further to say that “Mega doesn’t use any existing technology. The servers were built from the ground up so there is no way that they can be exploited because it’s our own technology.”

Meanwhile, U.S. prosecutors declined to comment on the new site, referring only to a court document that cites several promises Dotcom made while seeking bail that he would not, and could not, start a Megaupload-style business until the criminal case against Dotcom was resolved.

Kim Dotcom’s all-new Mega file-sharing and cloud storage site was launched with a lavish gala and press conference at his New Zealand mansion. The site’s url is www.mega.co.nz. You can also check out Dotcom’s personal website located at www.kim.com.

In addition, Dotcom also boasts that his new Mega website that replaced his previous Megaupload site hits one million users in just one day after the initial launch.

The question is, would Dotcom’s Mega survive all the scrutiny the site would be expected to receive from law enforcement authorities in New Zealand and in the U.S. and not share in the same fate of being shutted down eventually as in the case of Megaupload?

Having said that, would you be willing to use the new Mega site file-sharing and cloud storage service to store all your online stuff, or you’d rather use other cloud storage services such as Google Drive, Dropbox, SkyDrive or Boxnet to store and share your online data?

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