If everybody and their mother wants to do one (which is the case, I agree) then I think it'd be awesome of it was more of a site-run thing rather than trying to put the weight on one guy's shoulders such as yourself Baha. It might be confusing to figure out at first but maybe they could recruit for it by letting someone claim it, then that person submits their song to the panel for judgment. It *could* work, don't know if it *would* work. I think these bigger-game albums that everyone wants to do, like ff6, would be better that way from both a recruiting and quality perspective.. maybe.
Edit: no I would not like a purely techno album, nor an exclusive / secret one. Secret albums are cool but they go against the idea of community imo.