4-H and Creative Commons

I had a great idea while driving back to school this evening.
It all started with Dance Weekend. You see, at 4-H Dance Weekend, there are a number of dances that are known as "Dance Camp Classics". When they start to play these songs, everyone gets out on the floor and dances, they even play a few of them at other state camps. The songs that go with these dances are pretty eclectic. They include everything from old country (Little Black Book - Jimmy Dean), to Jazz (Salty Dog Rag - ?). From old Jewish wedding songs (Sway, Romanian Hora), to oldies (Sweet Gypsy Rose - Tony Orlando and Dawn). With a little bit of everything else thrown in for good measure. These songs all have only two things in common: everyone who goes to Dance Weekend loves to dance to them, and they are all on "The CD". I don't know where The CD came from, but there are a number of copies floating around on dance weekend, usually wielded by a counselor.
Now, the Problem.
At Dance Weekend this year, my mom decided that she was going to get a copy of "The CD" to take back to our county so we could teach a dance class at county 4-H camp. So she approached a lady who was teaching a class and using The CD and asked her where she could get a copy. The lady told Mom that a certain counselor had the original, and she should ask him for a copy. My mom asked, and was told that the man didn't want to infringe copyright, but he gave her the list of songs. Mom returned to me and asked me to make the CD for her, legally. So I paid Napster to buy all of the songs I could find...less than half...and burnt a CD for her. She then asked me if she could legally make copies for other people who wanted to use it, and I had to tell her that, no, they would have to make their own to be legal. That is when the basic logic of it hit her: Why can't I do what I want with my songs that I have purchased? But more on that later.
Now, when I was driving along, thinking about the issue, it occurred to me that if we could get someone to record all of the Camp Favorites and release them under a Creative Commons license, we could eliminate the problem. 4-H'ers are mighty resourceful, and mighty talented, so I figure we get a group of us together to plan it out, then get small groups of kids to make recordings of all the songs on The CD. We can do this legally as long as we send a letter of intent to the original copyright holders to tell them we are going to make a cover of their song. Jackson's Mill could then cut a new "Dance Camp Favorites CD" and sell it to make up the recording fees.
Now all I have to do is get my butt in gear and do it.