I think maybe the change from desk/lap tops to cell phones is a lot of it also. This changes the way things work...and probably the number of users on these sites. Photobucket, shutterfly, and the like have all probably been hit by the cell phone boom.
Now everyone has a cloud to store their stuff instead of a server somewhere.
Not that I agree with the free or cheap to out of control price hike...lol but was just thinking.
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