An article in Wired captures some of what the industry is saying about Apple's new service.

Here are the highlights:

• Inside sources claim 200,000 purchases in the first day (close to Billboard's 250,000 in 18 hours claim)
• If true, that would be half of the annual downloads of Pressplay and Rhapsody combined
• Madonna's label (Maverick) will be online with Apple in "about a week"