Thanks for the explanation, but I'm still not clear on one thing... Unlike Desktop, Documents folder, iTunes, photos, keychain, contacts, a .dmg file stored in iCloud drive doesn't have a pre-set location on your Mac, so from where do you access it?
The iCloud Drive itself appears In the Finder sidebar. When the dmg is mounted it shows up the same as any other mounted drive.
NOTES:- If you do not see iCloud Drive in the Finder sidebar go to to Finder > Preferences > Sidebar and on the list of items to be shown in the sidebar and check iCloud Drive is checked
- In Finder > Preferences > General you can set new Finder Windows to show iCloud Drive
- Like a file or folder on any attached drive or server, an iCloud folder or file can be dropped onto the Finder Sidebar and it will remain accessible from there.
- You can create an alias to an iCloud file or folder and put it pretty much anywhere you want locally.
