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. Storage capacities of 50, 100, 200, and 500 GB are also available.
New MP3 purchased can be directed at Cloud Drive or your computer’s local drive (but not both). MP3 music previously purchased from Amazon must be manually uploaded to Cloud Drive. New MP3 purchases stored in Cloud Drive DO NOT count against the 5GB storage limit.
Updating the Amazon MP3 for Android app brings in Cloud Drive support. It provides an iPod-like interface that lets you play music on the Android device or on the Cloud Drive.
Cloud Drive is not limited to storing MP3 song files. As you can see in the second screenshot, Cloud Drive provides a Google Docs like set of folders that indicates it can accept files of any kind: Documents, Music, Pictures, and Video.
Cloud Drive lacks the ease of use of Dropbox. But, it looks nearly (but not quite) as easy to use as Google Docs. My guess is that we’ll see a new Android tablet-like Kindle very soon that takes full advantage of Cloud Drive.
Via Engadget: Amazon Cloud Player goes live, streams music on your computer and Android