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Great post.
Spotify worked really well for a recent party too. I sent out invites a few days beforehand so lots of people could create a playlist and then combined them all into one and paid the 99p to play with no ads.
Now lots of people form the party want invites to Spotify...
Last.FM is great if you want to hear one specific song or tell everyone you know that you listened to that specific song, but, if you want to hear a "radio station" that plays the kind of music you are in the mood for, then Slacker is the clear winner. From the professionally programmed stations to creating your own custom station, Slacker plays better songs, better versions of songs, doesn't repeat songs as frequently and keeps me listening for hours.
Last.FM is something I listen to for a song or two and then leave.
So, in terms of Music (the most important analysis), which is really what most people would use these sites for, Slacker is definitely a much better choice.
Also, I agree with Michelle that Last.FM's layout is terrible and very complicated.
Last.fm obviously wins the social aspect but their streaming selection is lack luster and their mobile app (for the iPhone) is the slowest of the four major streaming apps (Pandora, Slacker, Last.fm and AOL Radio). Stream quality is also highly diminished on 3G with Last.fm. With Pandora and Slacker there is a quality difference from wifi but not as much.
If you want to discover new hipster tunes Last.fm is a great option but for ease of use and pure music enjoyment Slacker is superior. I often find an artist through Last.fm and then add them to one of my stations on Slacker.
Oh and just FYI Slacker does have a pay option with unlimited skips for about 4 dollars a month.
"We're Sorry Slacker Personal Radio is not available in your area. Unfortunately, Slacker Personal Radio is currently only available in the United States. While we are working to extend our licenses to other parts of the world, at this time we can only play music to our listeners within the United States."
last.fm:
Been using it everyday.
using Pandora mostly but am starting to use last.fm more now. I like the new
changes. It sounded from their site that I should be able to put my last.fm
playlists on my iPod.... anyone figure out how to do that?
Enjoy!