I feel like the overall layout of your entry is a bit too text-based and wouldn't do the best job, in a CD rack, of showcasing and promoting the band. Great title though.
I like the live shot as part of the cover - the bottom part with the gray background kind of takes away from it a bit - maybe if it had been a little darker and have the picture kinda fade into it a bit?
very interesting, though I would have cropped off some of the bottom portion of photo, minimize the fonts and zoomed into group more. This has some good potential.