This is totally great! Except, there is no way for your home computer to pull your changes, because there is no *on-the-go.no-ip.org*. You can get clunky and use a *bare git repository and git push*, but there is a better way.
Your *home* computer can now ssh into your *on-the-go* computer, as long as you keep the above shell running.
You can now add your *on-the-go* computer as a remote on your *home* computer. Use the port forwarding shell you just connected with the command above, if you like.
Note you're granting passwordless access to your on-the-go computer to your home computer. I believe that's all right, as long as:
* Your home computer is really in your home, and not at a friend's house or some datacenter
* Your home computer can be accessed only by ssh, and not HTTP or Samba or NTP or (shoot me now!) FTP
* Only you (and perhaps trustworthy family) have access to your home computer
* You have reasonably strong passwords or key-only logins on both your home and on-the-go computers.
* You regularly install security updates on both computers (sudo apt-get update && sudo apt-get upgrade)
In any case, the setup is much, much, much more secure than Dropbox. With Dropbox, you have exactly the same setup, but:
* Your data is stored in some datacenter. It's supposed to be encrypted. It might not be.
* Lot's of people have routine access to your files, and plausible reason to. Bored employees might regularly be doing some 'maintenance work' involving your pictures.
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* The dropbox software can do anything it likes on your computer, and it's closed source so you don't know if it does. A disgruntled employee could put a trojan into it.
* Dropbox might have a backdoor for employee access to any file on your computer. This might be done with the best of intentions, but a mal-intentioned or careless employee might still erase things or send sensitive files from your computer by email.
* A truly huge amount of eyes connected to incredibly smart brains have looked at openssh and found it secure. Everybody trusts openssh. With dropbox, there is, well, dropbox. Whoever that is.
¹ Me=Carlo, not Joey. I'm pretty sure doing what I wrote here is a good idea, but in case it turns out to be catastrophically dumb, it's my fault, not his.
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² My always-on computer at home is a raspberry pi with a 32GB USB stick. Best self-hosted dropbox you could imagine.
³ You can just forward the port, but not open a shell, by adding the -N command. This could be useful for connecting on startup, e.g. in /etc/rc.local. I prefer to open the shell to forward the ports, maybe use it, and close it to stop it.