I was just reading about licensing of cover songs for "real" release, and, you know--I keep thinking about
Translations. I think if we really tried hard enough and everyone pitched in (musical contributors and other fans) it could really happen.
http://www.cleverjoe.com/articles/music_copyright_law.html is what I'm reading; it's one guy's story of getting rights to release his own cover album. This guy covered a bunch of different artists; for us, we'd have the distinct advantage of having one person being the writer of each song (with some possible exceptions; I don't know off the top of my head). From the looks of it, the Harry Fox Agency has every song we've covered available for licensing, or darn near it.
What do you guys think? This won't (and can't) happen right away, and of course I can't finance everything, and there's a
lot more research to do, but I want to see if we can generate some interest and decide whether really to move on. I know some people back when we were getting ready to put the compilation out were talking about pro mastering, and we have a good handful of excellent graphic artists, and the musical contributions are, of course, already ready (although I would probably use such an opportunity to improve my own contributions

), so I know the resources are here.