Wait, there's an even better way to get a good band name... scientifically proven!
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 Quotations Page and select "random quotations," or click
The last four or five words of the very last quote on the page is the title of your first album.
If you're feeling really adventurous and creative:
3 - Go to Flickr and click on "explore the last seven days," or click
Third picture, no matter what it is, will be your album cover.
4 - Use Photoshop or similar to put it all together.
My band name: Taxonomy of the Phyllanthaceae (easy to pronounce, too )
Name of album: All Men's Hands and Purses