I also consider the selfhosting of the files as a good thing - I run my own Nextcloud server, which means my password database is 100% private to me alone, only present on my hardware and I don’t have to trust a third-party to store it. Sure, it’s encrypted. but … an encrypted file on someone else’s servers is still an attack surface that I don’t have to deal with when I host it myself.
I also consider the selfhosting of the files as a good thing - I run my own Nextcloud server, which means my password database is 100% private to me alone, only present on my hardware and I don’t have to trust a third-party to store it. Sure, it’s encrypted. but … an encrypted file on someone else’s servers is still an attack surface that I don’t have to deal with when I host it myself.