I'd like the idea of having one encrypted folder on Ubuntu One. There are current howtos in the Internet how to set it up with EncFS or ecryptfs. I'd like to use ecryptfs - not because of speed as speed doesn't really matter that much if you're storing your data in the cloud - but as I've been already using ecryptfs, got used to it and therefore don't really like to use another solution as well. 

The Problem with the Ubuntu One folder is, that it's part of the user's home folder. With recent Ubuntu versions in many cases the user's home folder gets already encrypted with ecryptfs and you can't use ecryptfs (for a Ubuntu One folder) on top of ecryptfs (of the user's home directory). 

So what could one do? Of course use EncFS instead. Or move the Ubuntu One folder out of the user's home folder.

Any other ideas or suggestions?