apple's iCloud new Speculation

You must have heard about Apple's upcoming iCloud service..Apple's answer to Amazons cloud player and Google music...

this is a rumor..but it sounds pretty good,,,they say icloud is gonna scan your music library and send it to apple servers from there they are gonna give you the streaming version of the songs you alredy have..so you dot have to upload these songs on your cloud storage this saves you from watching the upload bar on your screen for hours..

nice isn't it??