Nah, they're going to double down on the cloud thing. Expect more and more core OS functionality to drift away into the fluffy little cloud, with an optional, but expensive option to "run your own cloud" for those recalcitrant privacy advocates who don't want practically all their information stored "securely" in some huge corporate data center in Montana. Win 8 already has their stupid little Microsoft Account which you can use to "... get apps from the Windows Store, back up all your important data and files using free cloud storage, and keep all your favorite stuff—devices, photos, friends, games, settings, music, and so on—up to date and in sync." So Cloud (implied), Cloud (explicit), Cloud (implied). Don't worry though, just like a real cloud your files and information are just so many water droplets in a swirling mass, so it isn't likely you will be personally targeted! The crackers will just take ALL of it! No worries!
Personally, I can't wait for Cloud printing, where your document goes out to the internet, then back to your printer, unless your internet access is out for some reason, then you're hosed. Rah rah cloud!!