Yes. For federated, think email. Only everyone's inbox is a feed. Better: you get a local and federated feed, as well as the feed for who you follow. Local is

Yes. For federated, think email. Only everyone's inbox is a feed. Better: you get a local and federated feed, as well as the feed for who you follow. Local is just the server you're signed up to. Fed is "the world" and your follow feed is just that.