Michael Cohen, writing at TidBITS, thinks so.
So don’t look to iCloud as it evolves for best of breed collaborative software, for media sharing flexibility, for services that foster and promote community. Apple has always been a personal computer company; group hugs are not in its DNA.
He notes something I’ve pointed out several times when writing about Apple IDs and iTunes Store accounts:
Related Apple services and their limitations mirror the me-ness of iCloud. Your iTunes account is associated with a single Apple ID, and makes no real provision for families or even for transferring ownership. If a couple breaks up, or a child goes away to school, the media obtained from one iTunes account can’t be divvied up the way books and videotapes and DVDs and Blu-rays and CDs and LPs can. It’s one owner, now and forever.