I have 32GB of RAM and I would still do that trade off. The 60MB is there all day long doing nothing for me. The internet connection is actually being used for something useful which is synchronizing my files (the actual purpose of the software). I feel like I'm wasting more resources with the first option.
Also it's not even that bandwidth expensive with most users' workflow. Maybe this should be a concern for video editors. Majority of people who are just editing word documents (or code, for what I believe is most HN's audience), wouldn't notice the difference.