In a new theoretical world where browsers can encrypt and decrypt data securely without the server having any idea of content, and where you can solve all the issues around allowing other people you want to be able to access that data, then sure it's a non-issue. I was talking about reality ;)
Ever. I don't have the original source in front of me, but with enough bits, assuming there isn't some fundamental flaw in the encryption algorithm, you couldn't brute force a key before the heat death of the universe even if you recruited every particle in the visible universe for your computation.