If it's DRM free, how will the yearly subscription work? It's not like the tracks can expire.
And what is this $25 really paying for? Is Apple empowered by the labels to license me a DRM free digital copy?
If I pay the $25 annual fee will it automatically 'upgrade' any songs that come on over a torrent link? Is this really a one time license to every single song in the iTunes store? (Seriously, there is probably an mp3 or ogg file of every song in the iTunes library out there) If I put them all on my machine and then pay my $25 does it go 'ding' and now I own a legitmate digital copy? (if so its a screamin' good deal)
Can I get immunity from prosecution by this? I mean if I've got the insta-legit card in my iTunes and a metallica song comes across the intertubes and metallica comes calling can I just show them the itunes copy?
It's a bold move, and one which I support, but I wonder how its going to look once its put into practice.
My guess, is that if you have a $25 subscription you can put a CD into your Mac and it will 'register' those songs as being available to you. But we will see, could be very very interesting. Or not.