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In my opinion, all this $1-a-tune and itunes and mycokemusic.com and corporate wank like that, is the last throw of the dice for the big record label corporations.
They are desperately trying to cling on to the established structure of music distribution they've set up over the last few decades, where 95% of the profit goes onto the balance sheet of some mega-corporation, and sod all goes to the artist 
I think they're pushing shit up hill to be honest. We have had the technology for quite a while now, that allows any old member of the public to engage in studio-quality-recording-on-a-home-pc and distribute their record to the world over the net. To be honest it has made the whole concept of a 'record label' kind of obsolete. The role that they provide - being the middle man between the artists and the public - has become totally unnecessary.
I would love to give my favourite artists $1 for each of their tunes that I download, if I can verify that it's actually going to the people who wrote the tune. Needless to say, pigs will fly before the RIAA lets that happen 
I expect that there will be a few large scale bankruptcies over the next few years, and a lot of kicking and squealing from the record labels and the RIAA, before they realize their own uselessness and just die the natural death.
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