Not really possible. It's an internet service that talks to large number of different printers from different manufacturers.
Besides the code management issues others have mentioned, services like this require a great deal of product and partner coordination and testing effort to ensure that even small security patches don't break the heterogeneous ecosystem of devices.
More importantly, CUPS and driverless printing standards have solved the problem (os-specific print drivers) that cloud print was designed to work around.
Disclosure: Google employee but not on cloud print, though I use it on my personal printer.