I`d say all online wallets have moderate security. Sure they can be hacked, or some keylogger reads your password while your write it in, or your government is suspicious about you and all it takes is a court order to empty your online wallet, and you can do nothing about it, as the wallet will comply with the authorities.
So I personally would never store more than 1 BTC on online wallets. Sure they are good for quick-access spending wallets if you want to shop stuff or buy things with bitcoin, and you need quick access to funds (because using the offline funds needs more carefulness), then go ahead.
However if you want to store your retirement fund or your savings, then definitely dont trust them. I don't care if angels run the wallet service, you can never trust a 3rd party with 100% confidence, especially not for funds > 1m$.
Just look how responsibly banks handle the funds:
http://www.wsj.com/articles/banco-de-madrid-files-for-bankruptcy-after-parent-accused-of-money-laundering-1426495127
Ok thanks I will keep recommending it to my friends.