shameless self promotion time!
hey, you all know wikipedia? well i made a similar site, called lyricpedia. It is just like wikipedia, but for lyrics!
i got tired of crappy lyric sites, so i decided to make my own. woo!
anyhow, here is the link..
I remember a problem with radiohead fansites posting lyrics. Lyrics are, apparently, owned by the record label, not the musicians. The dispute was resolved by giving certain sites (not all sites) a special kind of license.
So, watch out for that.
But, I really like the idea, I don't know how monitering would work, but I'll contribute.