BitServ: A Social Music Platform

Hello! I started a web service recently and want to see what y'all think. Essentially, for now I'm dubbing it as a "social music platform". The idea is that songs are added via dropping a .mp3 link (a bookmarklet for that is available too), and songs are ranked, even stratified rankings according to their respective tags like, #jazz, #hair-metal or #indie. The cool thing is that songs ranked #1 in their respective tag listings are given a chance to display their ads. So if my song ranks #1 in "jazz", my ad is displayed in the sidebar. Ads don't have to be a simple linked image either. They can be full-fledged javascript ads. Ads are sandboxed using AdSafe. You can see the possible functions/methods available at http://adsafe.org For now, you'll need an fb account to add and vote for songs. Fb is a good option since "liked" songs are displayed as playable mp3s on Facebook. This might change in the future (to say.. Google+ or Diaspora*) Thanks for reading. Hope to get your feedback (esp re: why/why not this idea would work). http://bitserv.us