Yesterday's New York Times had a review of Robert Wyatt's new Comicopera by Ben">http://www.nytimes.com/2007/10/08/arts/music/08choi.html?_r=1&n=Top%2fR… Ratliff that observed that it included "Brian Eno doing whatever it is that Brian Eno does." That sums up Squelchy's role about as well as it can be done.
Louis Armstrong's last LP was contemporary country music, He was asked if he was making a statement by recording what was then considered white, working class music. Silly question—Armstrong recorded with Jimmie Rodgers, after all.
Yes, all of us chattering classes spent the weekend, um, chattering about Radiohead's shocker, but this article in The Telegraph may be the best I've seen. Its yearly sales breakdown and record company revenues charts provide some historical context.