itunes matchApple announced iTunes Match at WWDC 11. iTunes Match is a new service stores your complete music library in iCloud, allowing you to enjoy your collection anywhere, anytime, on any iPhone, iPad, iPod touch, or computer. Apple will be offering the service later this year for a fee of $25/year, but the developer preview version has been released today.

iTunes Match matches all of your songs from your personalized library with Apple’s servers, adds info and artwork to ripped media, and moreover allows you to stream music from anywhere, anytime. iTunes Match will be a feature integrated with iCloud and will be a part of iOS 5.

Insanely Great Mac has posted an amazing walk-through of this new service. Have a look at it below.