Apple have announced iOS 4.1 for iPhone/iPod Touch, iOS 4.2 for iPad and iTunes 10 on their 1 September Media Event. AirPlay is one of the features that will be included in iOS 4.1 and iOS 4.2. You will be able to stream media(videos and music) from Computer(Mac/PC) to iPhone, iPod Touch, iPad, AppleTV or even any device that is AirPlay enable! Yes, it means you can stream Movies and lossless audio straight from iTunes to any speakers in your house with your WiFi network!
iHome is one of the fastest in coming out with AirPlay enabled Speakers which will allow you stream music from your iTunes to it. When iOS 4.1 and iOS 4.2 is release, you should be able to stream music directly from your iPhone or iPad to the speakers! It will be a wonderful feature. [Engadget]