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You're right actually- they don't get transferred onto your device until you open them- but then they stay put. I have pdf books on Dropbox which I can open at home on my iPad or Nexus wifi only devices- but once I've opened them at home they are available at any time. So presumably at that...

I have four devices connected to Dropbox. I wouldn't like to use this with large files, as I wouldn't like to store them on all those devices. It would use a lot of space on small devices, and would decrease security.

There are facilities like https://www.hightail.com/ (formerly yousendit) which enable you to upload files up to 50MB, and have a link emailed to the recipient. http://en.wikipedia.org/wiki/Hightail