Cloud Drive: Amazon's Answer to Google Docs & Apple iTunes

Amazon launched Cloud Drive just hours ago as I write this. Cloud Drive addresses functions and features found in Google Docs, Apple iTunes, and even Microsoft Zune Pass (to a limited extent). It provides 5GB of free online storage space. If you buy an MP3 album from Amazon, the storage space gets increased to 20GB for free for one year. Amazon is charging $1 per gigabyte per year. For example, 20GB storage is $20 per year while 1000GB (1 terabyte) is $1,000 per year.

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