Yes, but we are getting close to the point where the difference exists, but it is less and less significant. Tbh, Qweb27b is perfectly find for a lot of tasks; anecdotally, the difference lies less and less in quality of responses, but in speed. Local models have a hard time there for a reason ( the cheapest stuff you can get now is stuff like previously mentioned 128gb ryzen ai ).
So trade-offs are there, but do those matter to all people the same way ( are they not equal in the same way to everyone )?