Yes. You still record to SD.
My plan is motion recording. Which is best as the cvr eats an insane amount of data. Even with motion only and depending on camera location I use between 80 and110 gig a month. This is outdoors and mostly at night bwcaose of bugs. The night is almost recording all the time in some cases.
I still record continuous with the sd. Main reason is the playback footage is better on sd…ie, if you need the footage it’s a bit clearer in resolution off the sd card.
Do you get absolutely every movement with subscription? Yes and no…
Sub is better at showing you individual movements but if there are alot of movements crammed into one short period it will show as one recorded motion in your cloud. Easy spot because the cloud bar will be thicker