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Conservatively, I am saying that social networking has made being in a band more fun, but not necessarily changed how the business works.
My top lady advice is to make eye contact early on - before introductions, even - and just never break it, no matter what she does. Keep that dead-eyed lock on her. Works like a charm.
I think the more people you add on stage, the more locked it things become. Whereas fewer members on stage gets the audience to notice any small idiosyncrasy or unique moment that one of the three people onstage is having. It also means that mistakes are accentuated, but to good affect generally if you are that type of band.
I think that the most significant, guiding principle was that we wanted to return to a three-piece live form, whereas we became a four-piece for the last record because the songs had more extensive arrangements and we needed a keyboard player to pull off a lot of those songs. We missed the energy, and more push-and-pull of the three-piece.
Yes, anyone can log onto your "anonymous" band's MySpace page and hear the music. So, in theory you have gotten your music in front of 5 billion people. The other thing is that something has to cause them to go to those bands MySpace page, and it's that reliance on taste makers or radio, that is still very much a part of how music is sold and marketed.
It is great to have direct, unfiltered, interaction with your fans on Twitter and FaceBook, or whatever. I am not totally convinced that it has revolutionized the sales model. Its not completely apparent to me that it is easier to sell music. Obviously, there is a possibility of smaller bands, having their music listened to, but I am not sure to what degree it actually happens. Just because it can happen, doesn't mean it does.