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I doubt if people will ever pay for online dance music videos if you can download podcasts all over the place.
Most of the dance artists have weekly or monthly radioshows and put them online right after they have been recorded. Same goes for downloadable recordings from dance events like Trance Energy, Sensation and XFM Xnergy.
And I haven't even mentioned Youtube and Google Video yet. Dance artists make most of their money from their livegigs and a little bit from selling their records and new releases.
Good luck with your site but I personally don't think this pay per minute thing will work. Setting up a free community for DJ's and people who like dance music is an excellent idea. If you do this right DJ's will have an audience to show their new releases and do live broadcasting. That's free promotion for them...
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