Uplay downloads the install files to a cache location of your choice, then deletes after install (just like steam etc)
So if you just pause after downloading and just before installing, copy and paste the install files somewhere, you don't have to download every time you do a clean install, just copy/paste the files back to the install cache, then tell uplay to download/install again.
If you really wanted you could burn them to an install DVD, it's exactly the same files. I just have them stashed on a diff partition, and copy them into the cache every time I do a fresh install. If I lose them, or run low on HD space and delete them, it's a twenty minute download tops
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