Hi , it seems good and nice thought , but as of now we dont have this capabilities in the cloud.
You have to use the installed apps in order to render.
However we take this as a feedback for continous improvement for CCM.
Please feel free to log the same as a feature request in the form given in the link below:
I went to the page for adding a feature request, but the Cloud does not appear in the list of solutions offerend by Adobe.
Thank you for your quick answer.
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You can post your idea here http://forums.adobe.com/community/creative_cloud?view=idea. If you see your idea already listed you can add a vote for it, and reply with additions as desired.