Leander Khaney writing for Cult of Mac:

The Apple staffer, who asked to remain anonymous for obvious reasons, said the new MobileMe service will store music, TV shows, and films that were purchased from the iTunes store. The staffer also said that there was talk inside Apple of being able to upload all your music and videos to the cloud whether it was purchased from iTunes or not. However, they couldn’t confirm whether this will be rolled out or not.

The source also said that the iPad 2 isn’t going to be a big update and that the iPad 3 is the “one to make a song and a dance about.”