This is from 4chan's /mu/ but it's fun and thought it'd be cool here so, yeah.
Go to Wikipedia and click [url=http://en.wikipedia.org/wiki/Special:Random]random article[/url]. Whatever you get is your band's name.
Go to Wikiquotes and click [url=http://en.wikiquote.org/wiki/Special:Random]random quote[/url]. The last 5-3 words of the first quote is your album's name.
Go to Flickr and click on [url=http://www.flickr.com/explore/interesting/7days/]photos from the last seven days[/url]. The fifth picture is your album art. If you can't save it, just print screen the image.
The goal is to make it look pretty damn nice.
Here's my attempt:
[img]http://filesmelt.com/dl/Squad51.png[/img]