That's still not apples to apples though, and more fallout of the larger issue of safety trumping liberty politically. In fact, I would say that businesses should be less protected than individuals in such cases. Again though, that is more of a political argument than a technical one, which as you say, its your choice at the end of the day.
For your average user, cloud storage is safer than relying on them to actually protect their data. On the other hand, few if any business have anything to fear from the Feds sampling their data worst case, so risk there is nominal too. A data breach can occur anywhere, that's simply legal protecting them from liability, which has always been boilerplate on the EULA. (Much like revenue lost due to downtime)
The kicker is, your vacation photos are more likely to get you in trouble than any other type of data with Big Brother. What exactly is your main concern, litigation or privacy?
Per the topic though, they only need to do a couple simple things to fix OneDrive to more closely approximate Explorer for simple users. 1) Add more views and 2) make it easier to move files/folders. Sadly, its another example of the website still being better than the modern app. Until that trend changes, all this talk about competing with the Desktop is simply absurd.
Luckily, judging from their Mail app among others, they are making progress figuring out a good touch-centric way to 'drag and drop'.