I get the value in the statement 'Eradicate Cloud-a-phobia', but this is a little self evident. Cloud services/storage/horsepower is a tool in the toolkit, and you wouldn't want to be afraid to use the right tool for the job. This is like saying 'Eradicate Wrench-a-phobia'. If it's the right tool for the job, use it.
Worse though is 'Cloud-phoria' where IT shop leadership want to use the cloud because it is the latest buzzword that the CEO is asking about and seems cutting edge without asking "Is this the right tool for the job". If your work is requires a high level of privacy compliance, requires a level of local control, or any number of factors, this might not be the right tool for the job. I can foresee a number of TechRepublic stories in the future talking about unwinding bleeding-edge cloud projects because what looked good at the beginning turned out not to provide the cost savings and robustness promised.