Online Backup any different from Traditional Backup for Laptop/Desktop?

Recently, Beth Pariseau wrote in her blog post HP unveils unlimited online storage for SOHO market that bandwidth is one of the hurdles in adoption of online backup services.

Like most online storage offerings to date, this offering is small in scale and limited in its features when compared with on-premise products. Most analysts and vendors say online storage will be limited by bandwidth constraints and security concerns to the low end of the market, with most services on the market looking a lot like HP Upline.

Though, it is a validation of my thoughts expressed in blog post Bandwidth, one hurdle in adopting Cloud Storage, I am not totally convinced of bandwidth being the root cause of limited adoption. There may be something else hindering adoption of online backup services.

Recently, Scott Waterhouse, an EMC blogger also has been discussing the virtues of Mozy, an online backup service (acquired) by EMC. I agree with his argument about the challenges of traditional backup clients in post Mozy as the Future of Backup.

Big business has a lot of data on laptops and desktops. Traditionally, installing backup clients on these systems has been costly, full of headaches, and generally causes more problems than it solves. The consequence of this is that most folks just don't protect them.

Is Mozy client any different? Is there any difference in installing, configuring, using and maintaining traditional backup client versus Mozy client on laptop/desktop? Nothing, I noticed after reading his posts.

My intention is not to pick on Mozy or Scott but there is nothing unique in most Online Backup Services that couldn't be in traditional backup for laptop/desktop. At least traditional backup also come with peace of mind that all backups are stored on company's own infrastructure. In last few years, I tried over a dozen online backup services in addition to putting up with traditional backup clients for laptop/desktop and I don't see much difference among the two.

IMO, most online backup services are just taking existing on-premise backup strategy for laptops/desktops and repackaging it to run backups to somebody else's infrastructure instead of your own. What do you think?