As I posted in a related topic to this one, regarding your questions or statements
However what is a private cloud here? Isn't it just an outsourced set of systems hosted elsewhere? It seems as though many companies and journalists are selling the cloud as some sort of new technology? Isn't it just a set of hosted servers that are just virtual machines? Or is it just a set of servers that are standardized somehow in their configuration and capabilities?
I'd say the answer is yes. All thou the cloud could offer some more functionality like load balancing.
But all in all, it's just a new way in how to package and sell virtual environments and cpu, ram and disk.