Muxtape has been gainging some serious traction of late on the likes of Delicious and Digg.
The site allows you to create a page and upload an MP3 compilation which other users can then stream in realtime. And if the future is to believed, shared playlists are apparently the next big thing.
A tip for record labels is to incorporate a Muxtape compilation into online their marketing strategy. At present I've only seen one record label do this with an out of print album so its currently quite a novel thing to do AND allows you to get down with the kids.
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UPDATE:
just made a Muxtape. Will be using to showcase some lost gems and stuff from up and coming and unsigned bands nicklevine.muxtape.com
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