Update on the progress of my stuff:
Video: I just upgraded to Sony Vegas 11 today, so I will be rendering out the iPhone versions tonight. I will be making two versions, one that is 640x480, for those with 3rd generation or lower; and a 1280x720 version, so those with an iPad or 4th generation iPhone can watch it in highest quality.
Audio: Tomorrow I will be sitting down and splitting up the video by song, and then converting all of those to audio. I will be using Apple Lossless so you guys get the highest quality possible. However, since I have more experience with video than audio, I want to know what settings I should use when converting. I think I'll just end up using Sony Soundforge Pro 10, so if anyone who is better with it than me can suggest the best settings, that would be great. Also, I am (hopefully) going to make some kind of album art for it, and I will set up all the ID3 tags so you guys don't have to.
Once all of these items are done and quality tested, I will be uploading them all to The Pirate Bay. I ask any of you that can to seed once it's up, because I do not know how much I will be able to.