I told myself I wasn't going to comment on this thread. I haven't done the weekend warrior thing in a number of years. And I haven't been regularly playing classic rawk regularly for quite some time before that. But the direction this thread is taking is just too interesting to leave alone.
Music is a paradox. Always has been. Maybe that's one reason why it's so mysterious; so alluring. On the one hand, the world is changing rapidly - and the pace of that change only continues to accelerate. Including music. New sub-genres. New musical sub-cultures. New technologies - for production, for distribution, for promotion. And ultimately, new business models - that are based on all of the aforementioned.
On the other hand, music is eternal. It will
always exist. And there will
always be a desire (i.e. demand) for it. As with most things, it simply evolves (or sometimes devolves) from one level to the next. A constantly-moving target, if you will.
IMO, value in music falls into two broad, basic categories: novelty of content, and excellence of execution (and preferably both). Original music is typical of the former; cover tunes are typical of the latter. Whenever there is a major change of musical taste, original music (almost) always charts the new course and leads the way - with the best cover bands/artists seeking opportunistically to capitalize upon demand for the new genre/style as quickly as possible - until the audience eventually becomes bored, and it ultimately goes the way of the Gregorian chant, Tin Pan Alley novelty tunes, or English skiffle music. (By this reckoning, classic rawk has already had a good, long,
long run. It's no wonder why audiences are longing for The Next Big Thing - whether they consciously realize it or not.
The bottom line is this: There will always be a demand for music - in one form or another. And originality and real creativity will always drive the value chain - even if it's only a savvy cover band that a) selects cover tunes very carefully so as to make a distinctive musical statement of its own, and/or b) creates stylistically unique arrangements of existing musical material, in order to develop its own musical voice through them.
So in general then, the more a covers band is able to think and behave like an original material band, the higher up the value-added ladder it is able to climb - and the farther away it is able to stay from the huge, dog-eat-dog cesspool of musical commodity; were everyone is still trying to sound like everyone else, so the only way remaining for them to compete is based
on price.
MM