IOW you want your Mac to be a server? There's an app for that . . .OS X Lion Server
Yea... Well aware of that. What I’m not aware of, and why I asked, was whether or not the “server” would function as a local icloud rather than Apple’s cloud farm in NC.
I haven’t had time to drill down through all the reports on the announcement. I just figured I’d ask the Sword and see if he knew.