So here's the latest and "greatest" idea.
I'm going to blog our EP release. I'll start out with the expenses, both the one time, and the recurring costs. We'll set a price for the CD and calculate how many we need to sell to break even on the project (excluding one time equipment costs, and maybe including one time equipment costs).
As we release the EP I'll be posting updates for how many downloads we've had vs. how many purchases and anything interesting that is happening on the marketing front and how that effects those two numbers.