This is bad for two reasons.
Maybe lesser of two, with all the extra lag, I would never do cloud gaming. Like you can feel the difference and it just makes game feel much less responsive than FPS indicates. Even if you are connected via cable. Hence why I wan with no exception run things locally. So 60FPS feels as responsive as 60FPS.
Second one, way bigger. You never trully experience Bethesda Creation Engine game without mods. Bethesda often makes great framework for mods, but they never go in depth with their games. From mods fixing bugs, to graphical overhauls that do better even without rising requirements, to systems overhaul with way bigger depth and way better UI. Sky is the limit. And not to mention console commands that you can use to fix either yourself, like if you get stuck, NPCs, if they get stuck inering state, quests if they get bugged,... plus not to mention making experience better for yourself. Like remember how default inventorying is tiny? There is command to remedy that and you don't need to go to infinite, you can go to more reasonable. Hence why I would never buy Creation Engine game ob any other platform than PC and only on Steam. Like even console is like, you shoot yourself in one foot because there is no script extender mod. Cloud gaming is basically you shooting yourself in both feet, now you even have to endure lag and there is chance you will get no mods. And Creation Engine game without mods is like riding bike without seat, possible sure, but comfortable it is not.