Earlier quoted context omitted.
The KeePass database itself is encrypted with a Master Password/Password Phrase. You can take a look at the encryption they use for it here: http://keepass.info/help/base/security.html#secencrypt Hence, I am reasonably confident that even if Google were to turn over my Drive account to the NSA, they wouldn't be able to crack open the database. See also: discussion on feasibility of brute forcing a KeePass database: h…
That's no different to how LastPass stores your vault on its servers, isn't it? They're just using their own cloud instead of Google's.
Google has no no way to know, if 10k people are storing their encrypted keepassx archives in gdrive, and if those 10k archives are accessed in rapid succession, that it's an attack. It's lost in the noise of gdrive traffic.