Someone has seen a vision of the future; and it is bright, shiny, orderly, and ... beautiful!!!
In my 30 years in and out of the software development world, I've seen _many_ visions of the future. In particular I've been reading about the death of the desktop application since, well, since before desktop applications were around. Anytime someone starts to tell me that the future is going to be X, then my response is, yes, the future may include X, but it will also include a bunch of old stuff, and a bunch of stuff that no one has foreseen. Entropy increases until a given system falls apart and is replaced by something better that works ... at least as well. Usually. (See Ted Nelson's vision of Xanadu, that which was supposed to _prevent_ the World Wide Web.)
And the duct tape and bailing wire holding it all together is ... wait for it ... faster processing speeds, more and better storage, faster networks, desktop apps, plug ins, scripts, prayer, and lots and lots of consulting fees. (edit: I forgot to add faith, hope and charity as well.)
Don't get me wrong, your vision _is_ beautiful. It's worth believing in and probably worth working toward. Some version of it will probably crawl, writhing noisily and messily, from the sea of change. Just don't bet the farm on a particular version of it.
Edit: I will also add this in direct response. My desktop computers are quickly _becoming_ my data center. I'm spending most of my face time with mobile devices: laptops, smart phone/pda music player, and, of course, my beloved beautiful iPad...
So I hereby create the new buzz term PDC. Personal Desktop Cloud. Bask in its glory and power.