This doesn’t seem like news. There are a number of companies that have been offering similar services for years.
It doesn’t say anything if they have any developments in terms of transfer protocols making it faster.
But it is interesting that they try to make sure that noone gets a bad experience by not selling to anyone too far away. That difference in the offering could be what makes customers happy enough.
For posterity (posterior?), owing to my “cloud to butt” chrome extension:
A company called Blade wants to take that computer off your desk and stick it in my butt.