then your settings are still available within the cloud 
Relevant hardware settings are local for specific pc.
The latest big thread about backup your files, was the " [Playtime gone missing]…"
thread… but we mentioned it also in other threads.
For Steam eg. Playtime gone missing [Packages out of date] - #31 by MichaMMA
folder for MS-Store: \appdata\local\packages\Microsoft.FlightSimulator_8wekyb3d8bbwe\systemappdata\wgs”
( there are also some posts within that thread )
have fun… I have to fly now a Mi8 mission… but not in MSFS 