In the forms I have that are web enabled, when I click the Save as... link I get the following:
You can only save this file to the current site.
I didn't think that without opening the form in Infopath, you could get the option to save locally.
Further, if you could save locally from a web enabled form, that you are forced to use because you don't have InfoPath, would it do you any good since you can't edit it locally?
Steve.