Comment There's a middle ground (Score 1) 175
"Getting all of your books off of Amazon" is a long way from "host servers in your house to store all of your media".
I've worked hard over the last few months to get my books all into open epub format for my own use, and it's been fantastic, but my 267 books only take up 2.3GB. It's nothing. I keep a local copy and also tossed them into Dropbox as another backup.
You can own your stuff without necessarily having to build these big robust systems.