According to Gigaom...
I don't know about anyone else, but for me that's a very disappointing revelation. I understand why this may end up being the case but I was very excited about the earlier discussion that a form of "streaming" without affecting our iDevice's permanent memory was going to be added to the iTunes/iCloud mix. I hope that Apple will revert to the earlier model (or at least give users the option to use it), but only time will tell.
More here: No more iTunes Match streaming in iOS 5 beta 7 — Apple News, Tips and Reviews
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