Is Google Drive worse for privacy than iCloud, Skydrive, and Dropbox?

The Google Drive cloud storage service launched yesterday to much fanfare, but as with any new Google product, there are important questions about how the company will actually use personal data uploaded to the system. Google sells ads against your data, after all, and the more data you give the company, the more opportunity it has to screw up. That means the Google Drive terms of service and privacy policy are critically important, and there’s been a lot of selective interpretation floating around the web in the past 24 hours — and a lot of comparisons to the privacy policies of competitive services like Dropbox and Microsoft’s SkyDrive.

That’s great — all web services should be subject to harsh scrutiny of their privacy policies — but a close and careful reading reveals that Google’s terms are pretty much the same as anyone else’s, and slightly better in some cases. Let’s take a look.