Apple CEO Steve Jobs just announced his infamous "one more thing" at WWDC and it's iTunes In The Cloud-related; iTunes Match will upgrade your ripped songs to 256 kpbs AAC DRM-free for a $24.99 yearly subscription. Basically iTunes Match will scan a users iTunes library for any music you haven't bought through iTunes and subscribers will be able to get a high quality copy of those songs for iTunes In The Cloud.
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