I agreed with everything up to the "performance of cloud gaming is terrible " - I'm an extremely happy geforce now user. I have gigabit internet and use it with 27" monitor, historically for performance reasons, now that I got a 3080 for occasional convenience reasons (I have half a dozen Intel NUC around house, it's usually simpler and more reliable to stream game from geforce now servers thousand of km away than via steam stream from my upstairs pc - go figure)
Now! Neither one of us have spoken our assumptions out loud so let's do that - I play mostly single player games. There are people who mostly play pvp, cannot live without a 250hz screen and million dpi mouse, and those users likely won't enjoy cloud gaming. That does not mean "cloud gaming is terrible" overall but it may well be that "cloud gaming is terrible for high demanding pvp competitive usage " :).
Now! Neither one of us have spoken our assumptions out loud so let's do that - I play mostly single player games. There are people who mostly play pvp, cannot live without a 250hz screen and million dpi mouse, and those users likely won't enjoy cloud gaming. That does not mean "cloud gaming is terrible" overall but it may well be that "cloud gaming is terrible for high demanding pvp competitive usage " :).