I always enjoy this meme.

1 - Go to Wikipedia. Hit "random" or click http://en.wikipedia.org/wiki/Special:Random The first random Wikipedia article you get is the name of your band.

2 - Go to "Random quotations" or click http://www.quotationspage.com/random.php3 The last four or five words of the very last quote of the page is the title of your first album.

3 - Go to flickr and click on "explore the last seven days" or click http://www.flickr.com/explore/interesting/7days
Third picture, no matter what it is, will be your album cover

I got this picture, this quote and this wiki article

And voila.