Melodeo announced hthe launch of their new service at the end of the day on Friday at Gnomedex. I know because I read that about 4 hours before they said they were going to announce it.
(?)
Anyhow, I'm not going to link to Melodeo because everytime I go to the site it crashed my browser (Firefox and Konqueror) and I don't want to inflict that on anyone else.
Given the technical difficulties, I don't have much to put together by way of information on Melodeo. I just really have to question the name. There's already an Odeo, you know?