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What would you do with a time machine?

Well the obvious stuff first: go back about 30+ years and check out the great bands - like Genesis and KC and Zappa -- and then go further back and check out the keyboard chops of Mozart and ... Bach.
And I'd invest in Apple, not Microsoft. Less feeling of guilt, I think.

But the interesting bit would be to first go to the future and get the technical details for the time machine, and then go to the past and patent it. Then either preven it from being built, or arrange it so that it got invented some other time, or any time.
 
Invest in Apple, Microsoft, Yahoo, Google, etc...

Invent things that haven't been invented yet.

Watch the great musicians who are no longer with us. (Miles Davis, John Coltrane, Charlie Parker, Jaco Pastorius, etc...)

Buy lots of vintage basses before they are even vintage.