Could iCloud be much more than a streaming music service and data store? John Gruber of Daring Fireball seems to think so. He has put together a post on what he expects at today’s WWDC Apple keynote and reveals a snippet of fourth hand information that is quite interesting.

Don’t think of iCloud as the new MobileMe; think of iCloud as the new iTunes.

So what can we glean from this? Well if you imagine buying a new iOS device - instead of taking it home and tethering it via USB to a Mac or PC, all you would have to do is input your iCloud / iTunes log in details. Your device would then download all your apps, music, game saves and everything else that iTunes currently handles over the air, without the need to be tethered to a computer.

We assume that this would all have to be done over a WiFi connection due to 3G data limits. Not that much longer to wait to find out for definite! We will be live blogging all the events as they unfold later today.

What do you think? Would this be a feature you would like to see implemented by Apple? Let us know in the comments!

[Daring Fireball]