We really need the ability to locally store and create notebooks. Please consider that in the near future for OneNote for Windows 10.
Without the ability to do those things, this announcement pretty much sunsets the use of OneNote for any real business use for people like myself who prefer to keep their data off of Microsoft's servers for various organizational or legal reasons. Since the existing desktop versions will not be updated, eventually there will come a time when notebooks will not be useable in them.
Please consider this in adding features. OneNote was the one standout feature that made Office more compelling than its competitors. LibreOffice can do virtually everything Office can, except OneNote. This change will affect purchasing decisions regarding Office 2019 and all future versions.
Thank you.