While it is definitely a very competitive field right now, it could be done, with a lot of hard work. Do you have enough connections to get the word out there to a few bands?
The key will be getting bands talking about (and linking) to the site.
Are there liability risks with this type of site in terms of copyright? Will you have to carefully monitor copyright infringements? Or, is this something that a disclaimer will cover?
I would also seriously consider any possible security issues for your server.
I like the look of the site.
Just my
