Last I heard, the Steam Cloud has been disabled on this game. You'll still be able to save locally with no problems. The only difference is that you'll have to copy your saves over if you ever reinstall windows.
AFAIK it was disabled because it was wreaking havoc with savegames and .ini files. The game software wasn't playing nice with it and it was driving people that like to tweak their .ini files nuts. I doubt it will be re-enabled, but who knows?