Of all my locally stored data, I encrypt ...

having screwed up every disk partitioning scheme I have tried and rm -rf * on my laptop /home the other day why would I trust myself with something complicated?

I have enough drama trying to get motivated to do backups

I store the one bits on one machine and the zeros on another.

Wow! Do you compress it?

Naked pictures of me IS the security. I have all my sensitive documents hidden within a folder within a folder within a folder filled with naked pictures of me.

It's the perfect reverse porn hiding place.

Would that be called 'Rule 43?'

Anyone who's withit stores it all in the "cloud". No need for boring encryption: you know you can trust Carbonite.

You don't want to know.

...and is featured on the wikipedia page for "slow".

...you'll have to beat it out of me...

I find your proposal acceptable

I use a similar scheme with compression and it thus takes only one machine; I write all the zeros to /dev/null. They are easily retrieved from /dev/zero

Hint: the ones are the long skinny things and the zeros are the round things with holes in their middles.