Questions on Dropbox

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The web-based version of the Dropbox file-sharing tool apparently has some
kind of built-in reader for Word and Excel files.   Does anyone know if
those readers are built into the client side, or is all of that
functionality on the server?   If a file requires a password, and you are
specifying that in the Dropbox web application, are you in effect abandoning
your password to the Dropbox web site?

Of course you hope they don't save those passwords, and you hope that they
have good privacy standards, but as a security purist issue it would not be
a good thing to have your password to a file be exposed to a public web


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