So if I select a utxo with 1m sats and set the local amount to 200k I get a channel with 200k on my side and 100k on your side and 800k back to my wallet? https://image.nostr.build/3405be5f5eeb21e996380fac42ff134763ea5fac6d102c72095c74f3a1d7ff44.jpg  

 Only with the 0conf LSP. You don’t get inbound if you open a chan w onchain funds