Locally encrypt Dropbox folder

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http://superuser.com – I would like to encrypt the local copies of my Dropbox files, but not the online versions. I have log on password protection on my Windows 7 laptop but that's easily circumvented by removing the hard disk and mounting it in another computer. If I lose my laptop, I want to make sure that any client information in my Dropbox doesn't fall into the wrong hands. I'm not worried about the security of files in the cloud. I trust Dropbox to do a better job at securing my data than me. I also want to be able to access my files from my phone or from the web so encrypting files before uploading is no (HowTos)