I've been trialing it out and its actually a very solid app. It's got quick streaming and the analytics worked well once I picked a few of the songs I listen to frequently. Though headphones come recommended for using the record feature (if only so you can't hear your tone-deaf voice belting out You're the Voice by John Farnam).
The app will do a solid job in Australia/NZ but the real money is in the emerging markets like Thailand as frequently mentioned before. As I write this it looks like big orders are going on the market!
TV2 Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held