Apple Inc. (NASDAQ:AAPL) has released a beta version of iTunes Match. iTunes Match allows you to store your entire music collection on iCloud so you can stream it on your iPhone, iPad, iPod Touch, or Mac computers.
Below are a couple of walkthroughs by Insanely Great Mac. The cost of iTunes Match is $25 per month. iTunes Match will scan your iTunes music library and allow you to access it from iTunes-linked iOS devices and Mac computers. Songs that that exist from Apple’s iTunes music store will be streamed at a 256kbps bitrate without having to upload it yourself. The limit is 25,000 songs.
iTunes Match is expected to launch as part of iOS 5 this fall.