I have a live local backup to guard against hardware/system failure. I figure the only reason I’d have to go to the off-site backup is destruction of my home, and if that ever happens then recreating a couple of months worth of critical data will not be an undue burden.

If I had work or consulting product on my home systems, I’d probably keep a cloud backup by daily rsync, but I’m not going to spend the bandwidth to remote backup the whole system off site. It’s bad enough bringing down a few tens of gigabytes - sending up several terabytes, even in the background, just isn’t practical for me.