When comparing Magnet vs Backblaze, the Slant community recommends Backblaze for most people. In the question“What are the best power user tools for macOS?” Backblaze is ranked 10th while Magnet is ranked 51st. The most important reason people chose Backblaze is:
The default configuration includes everything except for system files to be backed up. That also includes external USB drives. This will work for most people. It can, of course, be customized to each person's liking.
Specs
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Pros
Pro Keyboard centric
Easy to learn keyboard shortcuts.
Pro Intuitive handling
Just drag the window to one of the sides of the screen and it snaps there. This is especially useful for those who can't be bothered remembering the shortcuts.
Pro Cheap
At $0.99, it is not that expensive.
Pro Mouse controllable
Supports dragging a window along the edges of the screen to activate.
Pro Do not have to learn or remember keyboard shortcuts
Pro It's often on sale
For example, at the writing of this pro it's currently at $1.
Pro Up to six external displays supported
Pro Beginner-friendly defaults
The default configuration includes everything except for system files to be backed up. That also includes external USB drives. This will work for most people. It can, of course, be customized to each person's liking.
Pro No file size or traffic restrictions
There are no limitations of file size or amount of data you can upload. The $5/mo plan gets you unlimited cloud storage.
Pro Excellent restoration performance
Backblaze creates a zip file of all your files for you to download, thus decreasing the amount of data you need to download and increasing the speed of the download since it's one connection instead of multiple that need to be opened and closed for a list of files.
Pro Secure
AES encrypted files are transferred over a secure SSL connection.
Pro Download any backed-up files from any web browser
Some backup services like Carbonite require a client to be installed to restore files. Backblaze allows you to login and download any or all files from a web browser, meaning it also serves as an ad-hoc cloud storage platform.
Pro Users can order a physical copy of their data
You can have a flash drive or an external hard drive delivered to you. They cost $99 and $189 respectively.
Cons
Con Cannot setup custom sizes and window positions
Unfortunately, you can only move windows to preset positions.
Con Can only be purchased from the App Store
Magnet is only available in App Store.
Con Can't hide the menu bar icon
It would've been nice to be able to hide the icon so it doesn't clutter the menu bar.
Con Interference when switching between folders
Default Folder-X app "warns" that Magnet App may interfere with it's ability to switch between folders in Open and Save dialogue boxes.
Con Causes cursor bugs in IntelliJ IDEs
Unfortunately, Magnet causes the caret to bounce around in IntelliJ IDEs, this is very annoying.
Con No Linux support
There's no Linux client for Backblaze.
Con Pay extra to keep deleted files permanently
Additional $2/Month plus $0.005/GB/Month for files updated, changed, or deleted more than one year ago.
Con Backblaze does not support network (NAS) drives
If you use a thing like Drobo, Backblaze will not back it up.