1 - Go to wikipedia and hit random. The first random wikipedia article you get is the name of your band.

2 - Go to quotationspage.com and hit random. The last four or five words of the very last quote of the page is the title of your first album.

3 - Go to flickr and click on “explore the last seven days”. Third picture no matter what it is, will be your album cover.

4 - Use photoshop, microsoft word or similar (picnik.com is a free online photo editor) to put it all together.

5 - Post it with this text in the "caption" and TAG the friends you want to join in.

Some I have made: