After years of doing the wrong thing (often to their own detriment), the record labels have finally stumbled on the right thing: make it easy to buy DRM free music, and make it available in a way that advertises its existence:

Once it goes live, MySpace users can will be able to create and stream whole playlists of music from all four major labels as well as independents. The whole thing is ad-supported and free.

Want to buy a song? Amazon MP3 will be tightly integrated into the site, so you can buy DRM-free MP3s easily. And if you want a ringtone, there's Jamster for you.

It seems like they looked at Pandora and realized that it was something other than a threat. I think it's only a matter of time now before Apple negotiates to get the DRM off of iTunes - it's going to start to be a serious drag.

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