Music in the cloud – free and legal?

I’d be shocked if the music industry goes along with this and Apple can pull it off. There must be a down side to this–perhaps fishing for illegal downloads?

Apple will not offer a subscription option to the iTunes Store. Instead, it will complement the current model with cloud storage, giving iTunes users the ability to “to navigate and play their music, videos and playlists from their personal URL using a browser based iTunes experience.”

via Cloud storage may be main focus of Apple’s Lala buyout.