@jani@neil Indeed, we have been doing LWN's accounting locally with GnuCash for the last two years now, and I've never looked back. The OFX import is pretty good for bringing in data if you want to do that, but I've just written a set of Python scripts to import data directly and easily.
I really can't imagine trusting such a critical function to somebody else's web platform, both for reliability reasons (as the Bench fiasco has so nicely illustrated) and for privacy reasons as well.