Playlist.com – Soon to be popular? Or dead?

A new site called Project Playlist has popped up recently. It lets you create playlists (duh) and listen to music for free. You can then embed these playlists as music players in various web pages, but not Facebook or MySpace for the moment. The record labels are quite obviously not too happy about this considering you can listen to full songs an unlimited number of times effortlessly. We’ll see if this site sticks around, but for now try it out and enjoy the player embedded below: