Ebony & i-vor-y: I love it when my peeps work together. Chrome PM Stephen Konig writes,
This streaming version of Photoshop is designed to run straight from the cloud to your Chromebook. It’s always up-to-date and fully integrated with Google Drive, so there’s no need to download and re-upload files—just save your art directly from Photoshop to the cloud.
I got to kick the tires before I left Adobe, and performance (at least over a fast network connection) was strikingly good even on a $200 Chromebook. The only limitation I noticed was the lack of GPU-powered features (canvas rotation, a soft-edged cursor for brush resizing, etc.).