Perceived by some but apparently not by many others who are still clueless. I know multiple people who invested considerable time and energy into building up Facebook pages only to suddenly be cut off from fans who had followed them when fb decided to go the pay to play route. I personally lost my YouTube channel, due to sheer incompetence on Google's side after they moved to the single login system across Google, Plus, YouTube, etc. I tried many times over multiple years to get access again but their support is crappy as I'm sure you've heard many times before...
For a short term experiment, it's totally reasonable to give it a shot. But if you're trusting Google, Facebook or any other tech giant (or even small startup) with things important to you, you're making a mistake. Not backing up something as important as all your email history in Gmail would be insane, in my opinion. Even with a backup, you could lose access to a lot of other services if Google ever locks you out, as they have done to many, many people in the past.