Get Office 2013 to open files local instead of on SkyDrive?

This blog post from Microsoft explains why Office 2013 and Skydrive work this way

http://blogs.office.com/b/office-next/archive/2012/07/30/office-and-skydrive-for-windows.aspx

This is a summary

http://www.liveside.net/2012/07/31/microsoft-explains-how-skydrive-and-office-2013-works-best-with-each-other/

Although in theory it sounds good I don't like this behaviour either and so I've disabled this option in the skydrive settings and in the office settings.

1. The skydrive settings are accessed via the status icon
2. The Office settings are accessed via the FILE > OPTIONS > SAVE dialog as described in the article linked in the comments above

Both changes seem to be required to get back to the way it worked in Office 2010, ie always a transparent background process (but probably less bandwidth efficient)

This is what I did:

Under HKEY_CURRENT_USER\Software\Microsoft\Office\15.0\Common\Internet there is a key named LocalSyncClientDiskLocation. I changed it's value from the OneDrive location that to some random blank directory.

Now the files are opening without having to download.