It's likely that a good portion of you have read this before, but for the benefit of those who haven't, check out Steve Albini's take on the financial aspect of the popular music recording industry:

Some of your friends are probably already this fucked.

(For those of you out of the loop on such things, Steve Albini, music producer/engineer extraordinaire, is probably most popularly known for producing Nirvana's In Utero.)