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iTunes Radio now rolling out in iTunes 11.1 update, brings Spotify-like streaming to the desktop

The release of iOS 7 is undoubtedly the big Apple news of the day, but there's another new product rolling out with it as well: iTunes Radio. The Spotify-like feature, which was announced during Apple's iPhone event last week, is part of the new iTunes 11.1 and allows users to create custom radio stations based on their personal music libraries or musical proclivities (e.g., genre, artists, track, etc.). Naturally, the service, like its competitors, is freemium, so you'll have to pony up $25/year for iTunes Match in order to keep the hits coming sans advertisements. The update should be hitting all Macs running OS X 10.6.8 and up now, so while you're frantically hitting refresh on that iOS update, you may as well check for this -- or head to the source below for the download link.