The digital music revolution is definitely here, all you need to do is look around and it seems that everyone is using an iPod or other PMP device. Digital tracks have quickly outpaced traditional CD sales and online digital music sales have skyrocketed.

Back in February we reported that Apple’s iTunes store was the second largest music retailer in the United States. Apple announced this week that it was now the top music retailer in America, surpassing Wal-Mart.

Apple’s iTunes online music download service has moved into the number 2 position as the second largest U.S. music retailer, beaten out this time only by Wal-Mart. We had seen just last July that iTunes had moved into the number 3 spot, beating out Amazon and following both Best Buy and Wal-Mart, and the trend so far is continuing in Apple’s favor.

Along with all the cool new stuff announced by Apple today the company also unveiled a new upcoming, wireless music download service called the iTunes Wi-Fi Music store.

The Wi-Fi Music store allows owners of the iPhone or the iPod touch to access and download over six million different songs through any Wi-Fi hotspot directly to their mobile device through a new iTunes button.

The recording industry may do something it vowed to never do. No, there are no new Michael Jackson albums coming your way, instead the recording industry may allow music downloads without DRM restrictions to combat piracy. You read that correctly, to decrease piracy, record labels may remove copy restrictions on downloaded songs.

In fact, one of the four major recording labels may make the move within the next few months. Most independent labels already sell music in an easy to …