Now that we have a new computing paradigm, Cloud Computing, how can Clouds help our data? Replace our internal data vaults as we hoped Grids would? Are Grids dead now that we have Clouds? Despite all the promising developments in the Grid and Cloud computing space, and the avalanche of publications and talks on this subject, many people still seem to be confused about internal data and compute resources, versus Grids versus Clouds, and they are hesitant to take the next step. I think there are a number of issues driving this uncertainty.