Hell yeah it does, this weekly vlog/video podcast began a month ago covering the music scene in Vancouver and is now gone Canada wide. That sound you hear is the marketplace begging for something like this in every major city. The indie music scene in any city is a wonderful, but often opaque place, anything that brings the vibrance, and passion closer to that niche audience is an amazing opportunity. These guys are pioneers, but IMHO the opportunity is this:

Insertcityname.thiscityrocks.com

Fuck yeah, call me!

Tip of the Hat & a bow to Scoble