If its more than $35-40 (which it will) then f*** that. Its a concept that may work, seeing as the game is called Guitar HERO. I'm not sure that Aerosmith as the first band is a great idea, but thats just me.
Well I added myself to the Tournament, put the info on the thread. Hope I get in to have some fun! :D
Just tried doing this myself and it worked like a charm. I was kinda shocked to see how easy it was to do, considering most emulators on consoles, etc. require modding and what not.
Can't wait 'till they add sound!