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Does cloud subscription still allow for local backup to hard drives?

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I'm looking to update my subscription for the upcoming year and now see true image cloud, which seems to be a superset of functionality of true image 2016.  I like the idea of having cloud backup, but still need to make backups to local hard drives so that I can migrate from a local hard drive to an SSD.

Does the cloud subscription still allow cloning a drive locally to another hard drive or does it "only" support backup or cloning to the cloud?

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Yes, I have the Acronis True Image 2016 Cloud version installed and have only performed local backups to my own drives and network storage.  I wasn't even aware of this Cloud version until the first time I came to use it after installing and I have no intention of subscribing to use the Cloud service either!

I concur, fortunately no one will be bothered to use slow ADSL upload lines :)