Dunno, but I do wish you'd stop harping on about iFruits in the Nexus 7 thread -- Tom even asked for us to stay on topic in his thread.

Edit: Oh, screw it. Tom even mentions iOS in post #1, so I guess this becomes yet another fanboy thread. I'll be quiet about it now.

I don't think the stock Google Android has that capability.
But that's why there are apps, lots and lots of apps.

Titanium Backup is the Android standard for backup/restore to/from the Cloud, and it does exactly what you're asking for. It will backup directly to Google Drive, or other cloud services, as well as to local flash.

Cheers