1. A method comprising: determining at least one metric associated with a replication operation to replicate at least a portion of a first object stored on a first entity comprising one of a client, a first storage appliance and a second storage appliance onto a second entity comprising another one of the client, the first storage appliance and the second storage appliance, wherein the replication operation comprises compressing data, wherein the first entity is capable of compressing the data and the second entity is capable of compressing the data; and regulating the replication operation, the regulating comprising selecting whether the first entity or the second entity is to perform the compressing of the data based at least in part on the at least one metric.