I have written about Windows Live SkyDrive in October 2007, /post/Live-SkyDrive.aspx. At that time it was just 1 GB, Now it is 5GB of online storage. So I think you give it a try if you are using other online storage services. In this no advertisements, No waiting time etc, so why you want another file sharing services ?
You can create three kind of folders
1. Create a folder just for you – No others can use this
2. Create a folder to share with friends – For your friends, you can choose from your friends list.
3. Create a folder that anyone can view – Public folders any one can view.
You can read more and check it here, you will need a windows live id , which you can create for Free if you don’t have one.
When I uploaded a file, instead of a progress bar a small game came, which will help you to spend time while you upload the file ;)