[niketdesai]

Uhhhh. I'd look at turntable.fm and see their "version" of what you're talking about. Their "rooms" are effectively channels, and they have heavy integration with music collections (and I think they'll make uploaded music available to a more general library soon).

I think your idea is a good one, though and I get it.

[vikasvadlapatla]

Huh! Interesting.. pretty much what I was thinking about. Unfortunately, I could not sign up . but I would love to take a look at their product