Hummm.... I don't think so, because if 100 people share their folder with me and the default for read/write sharing is having localSync active, my computer will blow up.
And it is also a waste of bandwidth when I manually enable sync with someone and he just keep flooding the folder with revision over revision.
It is a nice feature to have, but, I much prefer to download the file when I am going to open it.
What you are looking for is very specific to private sharing, and SkyDrive is more of a public sharing. If you really want to do this, it is more direct to share your folder directly online using FTP or something.