The online music world is getting a new entry soon with the launch of Xbox Music. The question is whether Microsoft will finally get things right after their doomed Zune experiment.

Still, Xbox Music is more than just about rebranding. Microsoft clearly intends it to be an all-encompassing effort. Users can download music a la carte like Apple (AAPL) iTunes, stream music a la Spotify, and listen to customized playlists in the same vein as Pandora (P). Early impressions cast the Xbox Music experience as “wonderful,” even.

The problem is that it’s only launching on Xbox and Windows * and won’t be on other platforms until next year. Still, Microsoft needed a new music service, and it looks like again they might have a good product based on copying its successful competitors.