Did anyone hope iTunes on the cloud would be a streaming service, rather than download and sync? With Steve Jobs being adamant that "people don't want to manage syncing" with the new Apple TV, this is where I thought iCloud was heading towards to. And if the reason is that it's going to be a strain on bandwidth for Apple, thats where I would also expect the new Time Capsule update, which also didn't happen. I'm talking about of course the rumor with your content being stored locally at home on your TC, then streaming it off that over the air to your iOS device or PC/Mac. I thought that was a good idea too. I know there are those that wouldn't trust their content existing only in the cloud, but for those with low storage devices, say iOS devices and the new Macbook Air, I think it would make more sense. And the only base that Apple hasn't covered yet are movies in your iTunes library. Apps on iOS devices are already backed up via iCloud so that's taken care of.