Some Sun engineers use the term "clowd" internally, and in the way you've assumed: clown+cloud, because they hate the use of the term "cloud" because the term evolved from a time when the cloud drawing surrounded by PCs and servers in diagrams of the Internet kinda implied "we don't really know what goes on in there". And, of course, at Sun, they like to think they do know what goes on inside that Internet "cloud".
