Think of what it would sound like if Metallica (circa 1985) covered Beatles tunes... What you're thinking is exactly what these guys sound like. The website was taken down after their ISP received a nasty cease and desist letter from Sony.
Bill hipped me to this wonderful little program that allows you to rip music from your ipod back into itunes. I believe this also strips the security code that the itunes music store puts on downloaded music. The revolution will not be podcasted.