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moving from cloud to my own network
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If the hardware breaks, you'll have to replace it. Although that might be the same in your current solution, don't know if you're just renting space for your own hardware or if you're renting.
I'm renting hardware, so if it breaks I probably get the same hardware (and I am assuming backups will be on me). Yeah that is a valid consideration. It will cost me at least several days to find replacement hardware.