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Danworld, when you say "cloud backup", are you referring to our sync server? If that's the case, no, the archive isn't synced to the server.

Having done the computer-to-computer transfer process more than a few times myself, I'd strongly suggest you back up the old Mac with Time Machine, then let Apple's Migration Assistant restore to the new one.

It tests the integrity of your existing backups, gets you up and running on the new Mac, and sets you up to have a decent backup on the new Mac, all at the same time. :-)