Noob'n, with hopes to see the beauty of the iCloud...

Good evening.


I ran into an issue when upgrading to IOS 5 on my phone.


Currently I have two apple IDs. One through my College e-mail and one which I check e-mail regularly with. I graduated in 2008; that College e-mail might as well be extinct. But I have purchased music, apps & podcast subscriptions with the old account that I would like transferred to my updated e-mail... which also has purchased music, …


Is there an easy way to consolidate both accounts?


Thank you.