So let me get this straight, I will have to pay $25 more a year to be able to listen to high quality DRM free music that I already purchased?
What a scam. No thanks, I think I will continue to store all my music for free on my time machine backup and let wifi sync keep everything up to date.
You don't have it straight...you don't need to pay for iTunes Match to do what you are saying. You already have access to previously purchased DRM free music that you have purchased through iTunes without iTunes Match. And it IS FREE.
iTunes Match it for music you ripped from CDs or bought from other music services, or acquired from other means...
From Apple's Web site.
Your past purchases. Available on all your devices.
Now you can download music and TV shows youve previously purchased to all your devices. When you buy from iTunes, iCloud stores your purchase history. So you can see what youve bought no matter which device you bought it on. You can access your purchase history from the iTunes Store on your iPhone, iPad, iPod touch, Mac, PC, or Apple TV. And since you already own the songs, albums, or TV shows in your purchase history, you can tap to download them to any of your devices.1
http://www.apple.com/icloud/features/