Upon being given a valid cloud variable Path and VariableOwnerId, the value in the Value field will be updated to reflect the value of the cloud variable. Depending on the value of ChangeHandling and VariableOwnerId, the cloud variable may be updated by writing to the Value field as well.
This updates as fast as reading/writing cloud variables permits. All the restrictions that apply to cloud variables apply to this component, including permissions and world contexts.