Xbox Music to offer streaming, downloads and cloud storage?

Xbox Music - will the pupil become the master?

Rumours are afoot that Microsoft's recently announced Xbox Music service hopes to take on iTunes, Spotify and iCloud and loads of other stuff all in one go.

Those 'with knowledge of the situation' told Bloomberg that the public-yet-still-quite-secret service will offer streaming, music downloads and cloud storage in one Xbox-centric package.

It seems that Ballmer and co have been letting other companies make all the mistakes before swooping in with a Frankenstein's-musical-monster service incorporating the best features of each. 

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