Is anybody else bothered by the use of the term "cloud" when speaking about hosted services? These services don't live "on the cloud" - they just reside on som

Is anybody else bothered by the use of the term "cloud" when speaking about hosted services? These services don't live "on the cloud" - they just reside on someone else's remote server, really no different than if you had a remote data center yourself. For something to really live "on the cloud" it literally needs to reside on the network, not stored on a server somewhere but constantly moving/shifting/replicating out in the aether of connections that is the Internet with the ability to pull up the service through a local terminal on demand (think Skynet).