Sorry if that was unclear. I shouldn't have said "everything," but there is indeed no moving, because you can't "move" anything that can't be backed up anyway.

Lets take Angry Birds as an example. If I factory reset my phone, when I log back in with my Google credentials, I don't have to do anything to get my calendar, contacts, and email back on my phone, and Angry Birds will reinstall automatically, but any progress I made in the game will be erased. That is unfortunate, but I don't have any way of backing up that saved game information (unless I root and install something like Titanium Backup).

Like I said, I wish app settings backed up, but they don't. I also don't know of any magical setting that will back everything up to Google Drive.
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Matt