I found this on a blog that I thought was pretty funny, so check it out:

Here’s how it works:

Click here to get a random wiki page. The title of the page is your band name.

Click here for a random quote generator. The last four words of the quote are the album title. Click here for an interesting photo from flickr, which will serve as the cover art.
My results are:
Band Name: Autologus

Album title: A premature explanation that overstays its time.

Cover would look like this:

Classic!