iCloud Recap, How Accurate is it?

"Although we still don't know when Apple will flip the switch on iCloud, the company finally announced a media event for its new iPhone next week, which likely means the fateful day is just around the corner -- so here's a recap on everything we know about it so far."

And that media event is starting in just a few hours, so we shall soon see what parts of all this iCloud business are actually true. What are your thoughts on iCloud? Something you are going to use? Personally I'm looking forward to the iTunes Match part of iCloud.