That's a really nice idea - and I really hope people will respond well.
On a related note - distrokid looks amazing. If I were still making music I'd sign up for sure, just for the Spotify distribution if nothing else. In fact, I dare say if this had existed 5-10 years ago it would not only have provided a means to push my music out, but more than that, acted as an intensive to actually create and produce.
By lowering the barrier to distribution, you're almost certainly propelling a lot of people to working on musical projects which would otherwise fall by the wayside because there's no obvious end goal.