In AOL's continued makeover from bloated-has-been to its new target of lean-mean and on the cutting edge, AOL today has announced the launch of a music download service to complement its recently purchased MusicNow service.

The download service will offer some 2.5 million audio tracks for download at the iTunes established market price of $0.99 per song and music videos for $1.99. This comes on the heels of yesterday's launch of AOL's video service covered here by Brian White.

Additionally AOL Music Now will offer two subscription services. For $9.95 the user will have unlimited streaming and downloading to the user's computer. At $14.95, the user will have the features of the $9.95 service as well as the ability to copy the files to a PlayForSure device.

AOL's music history in quick recap: first, the company started with MusicNet in 2003 (strictly for AOL users), which followed with 2005 purchase of online site MusicNow. Since November AOL has launched a preview version of the new AOL MusicNow service (available to all users).

While the service is constantly undergoing refinements, the latest reviews (April/May 2006) from CNet and PCMag score the service in the Good to Very Good range, respectively.