I don't have cloud hosting, but based on the comments I've read on this forum and others, cloud hosting is generally satisfactory.  However, Intuit's "partner" is Right Networks and it seems that other brand cloud hosting has a higher satisfactory rate.  I would look into other hosting, and not Right Networks.

But that doesn't mean it is problem free.  I've seen several posts that when there is a problem, Intuit tends to blame the hosting company, while the hosting company tends to blame Intuit (my guess it is usually Intuit's fault but they try to pass the blame).