MobileMe revamp to include cloud storage features?

In addition to the earlier rumors that MobileMe would be revamped come March 2nd at the unveiling of the iPad 2 in San Francisco, today, we are hearing that it may also come with new cloud storage features.
In addition, the new MobileMe service will store music, TV shows, and films that were purchased from the iTunes store. The staffer also said that there was talk inside Apple of being able to upload all your music and videos to the cloud whether it was purchased from iTunes or not. However, they couldn’t confirm whether this will be rolled out or not.