I have a genuine, but maybe stupid/trivial sounding question. Does anyone successfully run cloud instances of Waydroid so that their physical phone is a dumb client?

I've been thinking about it for a long time, but it seems like such a privacy risk even when self-hosted. The massive upside is that the phone is just a VM. The idea makes the entire phone debate irrelevant since you can access your "phone" from any other computer that has internet access. If the connection is lost, the local device can always sync later or at least provide basic call/text functionality.