Yes though to be fair most of the older established foundries do not yet offer web fonts. It'll be interesting to see how this plays out, but as a designer I'd be hesitant to recommend signing up to any 'cloud' service like this to a client, because they're then at the mercy of that provider, who may suddenly decide to up rates year after year for the font which is central to their brand. This is what scares me about the Adobe cloud too - the terms right now are quite reasonable, but when Adobe needs to squeeze more money from customers, those renting software will have no choice but to pay out the new rates, whatever they may be. I see why this is attractive for foundries, Adobe etc, but I don't see the attraction for customers.

I much prefer paying once for a font and then using it indefinitely, and I'd prefer to compensate a type designer directly for that, instead of paying a foundry. So to me a model where you buy a copy of the font direct from the designer would be more attractive.