Basically a Mac Server would have fixed 99% of our needs. Apple could make a Local iCloud Server / iOS Time Capsule where I still have all the content, but would require a subscription just for the backup services. And Apple could charge 3x the Amazon Cold Storage pricing just for reselling it.

I do think this is within realm of possibility if Steve Jobs is still alive. Or at least could be convinced.

Tim Coo only cares about services revenue. And iCloud it is.