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Yep. I didn't believe in cloud gaming until I realised my mouse has the same latency as the ISP in my new apartment (2ms). Being able to rent a GTX 2070 (and hopefully better in future) on GeForce Now is fantastic.

And if your someone that's so so sick and tired of SaaS hostage situations, this should leave you crestfallen and despaired.

Yeah I am as well, but we are all sick of paying rent and yet we do. It is what it is and there's no way around it.

This is going to be interesting for apps obeying desktop ui settings. But running any software on any platform might make up for it.

It increases your costs a lot. There can be benefits too of course but those costs have to be passed on to the users, so if there aren't any compelling reasons to run it all server side, it's unclear why people would want it. Consider also that the local os is an integration point too, for files, devices and other things.