Thoughts on Windows Cloud?

What is everyone’s thoughts here on Windows Cloud, being a locked down version of Windows? Love it, hate it, frightened by it? 

My initial thoughts from hearing about Windows Cloud;

I think it will be a free version of Windows, for everyone. People will have to pay to upgrade to a home or pro version. It will be apart of Microsoft’s new business model. 

I also think Windows Cloud could be the groundwork, for how future versions of Windows are. Where we install all apps, from the store. I think this is both a negative and positive thing.

I think Windows Cloud will be a version for lower end devices. It would be absurd to have it on a $1500 gaming computer, that you can’t download Steam.