I see where you're going now. Two comments:
1) If the intentions are to index every song out there (2000+), perhaps it would be better broken down into several pages (e.g. # and A-D, E-H, I-L, M-Q, R-U, V-Z), by Artist name.
2) Keeping the direct links may be a pain, especially if any of them die. Would it be better to link to the original thread instead? There are other things to consider here, such as multiple song versions (show fretter?) and stuff like that.
Not that I'm against it, it's just that perhaps some planning should occur to come to a consensus. The only person that I know to have been able to pull off such a task is nobby76 and his FTP site. The difference here is that there could be several people maintaining it.
One more thought: I don't know Wikidot's policy on providing direct links of questionable legality to sites like rapidshare and mediafire. I wouldn't want to ask them, but it could be risky…