Apple iCloud Question / Hotmail Sync Question

After I downloaded the new software into my iPhone 4, and then tried to sync to my MacBook Pro, I was asked if I wanted to have my contacts stored over the iCloud. It seemed reasonable to me, so I accepted. Now I’m not sure that there’s a way to retrieve my contacts if anyone with a malicious intent gets access to my phone or computer and starts deleting all of my information. Everything would get deleted on all my devices, correct?

After I added my Hotmail account to my iPhone, I noticed that all the messages now get taken out of my Inbox and put into this “POP” folder. Does anyone know why this happens?

Thanks in advance for any insight on these questions.

There’s a local copy of the iCloud information stored on your computer. If you are using something like Time Machine to back up your computer, this data will be backed up, and you could always disconnect from the Internet and restore the data from the backup.