Thanks, I'm from Toronto. I was curious to see some comments before I constrained my question to the following. The site should, like HN, help you:

  - Keep up to date with industry news
    (e.g. record labels and producers would read it daily)

  - Improve your chops
    (much like the technical coding articles)

  - Provide a community
    (but not in the sense of YouTube or MySpace)
    i.e. more signal, less noise; perhaps deliberately small.

It's something I would like to see someone build. The closest I have right now are trade magazines.