gadgetrants, you bring up a good point about the silly telco's but i imagine they can bend my prediction to suit them. a cloud based solution would actually favor them, giving them even more power than they have now. i really doubt net neutrality is going anywhere with the recent developments, so this outcome could give them some crazy leverage to extract money from us.
i think the main barrier to the cloud is just that it seems to foreign to the average user. they just want to hold their data in their hand or have it in their house, i think. it's a bit much to ask them to understand and get behind this whole cloud business.
on topic, i think this is a pretty bold claim to make before they've even released the specs of the thing (i'm not even sure they've gotten honeycomb to work on it yet).