My best so far:

Firm Neptune Of The Puffy Gonad

I put in "Neptune"

Sent by Sheila | 12:52 PM ET | 07-02-2008

I tried this a couple of times (OK a lot) before getting the utterly genius: Folk Octane of the Majestic Puck, and Conforming Kitty of the Delirium

Sent by Matt | 12:56 PM ET | 07-02-2008

I thought that Zip Zap Shameless was pretty good...

Until this popped out:
Delighted Weather And The Delirium Feather !!

Sent by Tony | 1:25 PM ET | 07-02-2008

Got some good ones:

Monkey Logic
Cosmic Plum
Miserable Mine
Hobbit Coyote
Crafty Coward
Automatic Salad
Bald Camp

Sent by andy carvin, npr | 1:48 PM ET | 07-02-2008

put in "weasel" and got

"Deluded Weasel And The Khaki Justice"

which i might actually use as a band name

Sent by Wes Hunter | 2:00 PM ET | 07-02-2008

i typed in cake...

* Cake Body
* Cake Egg And The Democratic Forehead
* Evolving Cake And The Laced Tuna
* Cake Captain
* Phat Cake

I like the second one.

Sent by Vanessa | 2:15 PM ET | 07-02-2008

I did this a few months ago to endless amusement, after my bandmate's mom started suggesting names like Quarkz (with a silent z) for our band: These are some I loved:

Aqua Fighter And The Reactor (or modified to "Aqua Fight in the Reactor")
Extra-strength Inane
Two-piece Cannibal Of The Albino Elder
Detached Breast and the Difficult Duck

Sent by David W. | 2:50 PM ET | 07-02-2008

"Quirky Impact," "Functional Pens," and "Fellowship of the Elevator" were my favorites...

Sent by Rachel | 2:52 PM ET | 07-02-2008

"Juicy Disaster of the Primal Gizmo" just from generate. I typed in sasquatch and got "Gentle Sasquatch And The Belly ".

Sent by Emily | 3:03 PM ET | 07-02-2008

"Poo Geezer and the Porcelain Gladiators"

(ok, i did tweak it a little, but still! bwahahhahahah...)

Sent by julia | 3:42 PM ET | 07-02-2008

Lotion Tragedy

Sent by Seth | 4:56 PM ET | 07-02-2008

Ok, so feeling a wee bit naughty, I put in 'crap'. Here's the carnage that ensued,,,

'Blurry Crap of the Dry Mouse'
'Crap Nose'
'Crap Guy'
'Chosen Crap of the Forbidden Doll'
'Hot Crap'
'Crap Youth'

...any one of which would make a superb band name. I think it's got to be the forbidden doll's chosen crap though, doesn't it?

Sent by May Bell | 4:10 AM ET | 07-03-2008

typed a few and these are my favorites

(daddy) wrong - good solo name i suppose

(cool) hamster
Eleventh Eternal- can't remember what i typed for that

(lube) fist
(crash) of the old school
(crash) promise
Hot Pink Reverant- again can't remember
Farting (christ)

this was fun

Sent by Oli | 12:16 PM ET | 07-03-2008

Typed in platypus and got:

Shallow Platypus!

and

Dead Platypus of the Delayed Fart (I swear I didn't make this one up)

Platypus of the Day

Incomplete Platypus

Platypus Sausage

...not to be outdone by:

Ire of the Platypus Juice

Sent by Catch | 1:45 PM ET | 07-03-2008

Here are a few funny ones:

Delectable Tacos
Prickly Utterly Of The Rubber Face
Utterly America
Capitol Father And The Previous Guilt
Capitol View (i like this because it's the name of the neighborhood next to mine)
Drool Affiliate

ok, I've got to stop before I do this all day!

Sent by Kim | 3:03 PM ET | 07-03-2008

Best REAL band names I've encountered:

Death Piggy
Bubble Puppy

Sent by Irreverend Mike | 8:29 PM ET | 07-03-2008

Generic Music Inc.

Sent by Tom Hendricks | 9:38 PM ET | 07-03-2008

The first time I clicked the button, I got:
Beaver Exam
AND
Dripping off the Homo.
>.
After 20 minutes, I still had no randomly-generated nirvana, but I did get "Dead Grass", "Green Leek", and "Lord Jedi", which I thought were pretty good names. Best real band names? My friend who now drums for Apples In Stereo has DeathRayDavies.
Awesomesauce!

Sent by Mark C. | 1:18 AM ET | 07-04-2008

Best generated one i had.

'Skintight Chorizo and the Frenzy'

Sent by Cameron | 1:33 AM ET | 07-04-2008

Whenever I come up with a good band name I type it in the music search engine on myspace.com to see just how unique it is, and often I'm disappointed to find that the name has already been taken by sometimes multiple bands. My general rule though (due to the copius amounts of bands trying to get their music out there) is that if they have under 7,000 plays the name is fair game. Maybe 10,000 if i really like the name.

Some past names I've searched-

Cloud Factory (taken)
Hollywood Smile (taken, but with 0 plays)
Supervillain (definitely taken)
The City Life (taken)

For now I guess that leaves me with The Marvels of Modern Architecture or Canyons Are the Result of Explosions...

Sent by Derek Knox | 10:45 AM ET | 07-04-2008

Dingus Gumption and the Prison
Yonder Lord and the Ugly Monk
Socio Hepatitis
Dry County: not so much because of the name, but it could be an explanation for the band forming.
Birthday History and the Wild Hobo.
Trained Hobos (both meanings)

Sent by Roy A. Justus | 8:48 AM ET | 07-05-2008

Admittedly, I haven't played with the randomness maker yet. My husband is a solo artist and he and I are always talking about band names, though.

My favorite of those generated above has to be Incomplete Platypus. Genius!

A close second is Hot Pink Reverent.

As far as real bands go, I love my friend Mark's band's name: Dusty Lightswitch.

Sent by dsloan | 5:29 PM ET | 07-06-2008

Crap band name from Atlanta: Blankety Blank.

I have friends in a band named Y-O-U.

Random band names:
Fetal Erosion
Turnip Tears
Crusting #9 (seriously, that's what it said)
Bagel Dalmation
and Snot Widow

Sent by anna | 10:42 AM ET | 07-07-2008

elvette friday
meander pelvis
meander sausage and the bonus

Sent by elvette | 2:19 AM ET | 07-08-2008

Check these out:

Two-piece Turd Muffler
Crone Ice Drink And The Fame
Werewolfery Whistle
Crucial Poop
Dynamic Slim Kink And The Fast Assistant
Flailing Of The Fast Package People

...might actually use one of those.

Sent by Shane | 10:03 AM ET | 07-11-2008

I like:

Battery Kid
Liquid of the Lucid
Eastern Steel
Strain Gateway
Scissor Fellowship

Sent by Nick | 1:14 PM ET | 07-12-2008

Malevolent Anus

Sent by J | 1:21 AM ET | 07-27-2008

We love it .. oh we do

Alien Of The Hyper Fly
Alien Monk And The Facial Path
Alien Groove Of The Fat Owner
Alien Promise
Alien Punch
Alien Lady Of The Golden Moon

Everyday Demon And The Active Side

Sent by Funky Flavs | 10:47 PM ET | 07-28-2008

Brilliant Bow Chika Bow Wow And The Taking Mayo....roflmao

Sent by Antonia | 4:51 PM ET | 07-29-2008

Artificial Dog
Bishop Of The Blank
Factory Warrior
Good-natured Anarchy
Filthy Octane
Altered Monarch
Pseudo Everything
Optic Pepper
Social Epidemic
Fog Tone
Below The Altered

The best two are Factory Warrior and Social Epidemic

Sent by Rufus Wire | 8:07 PM ET | 09-04-2008

Road Attitude
Road Stick
Yeah that's good one. You should try this too: http://www.ninjaname.net

Sent by dora | 12:16 PM ET | 09-19-2008