D.A., I totally agree with you on the whole FM radio front and obviously there is a large foundation of bands and promoters, especially within the hardcore scene that basically run everything. It's there, albeit I think to a lesser extent, in the garage scene as well. When I fronted The Vipers in England we regularly put on club nights and had bands playing from all over the UK and also put on mini UK tours for bands from Portugal, Spain, Holland and Canada, and here in Spain we've done it for bands from the UK, Australia and the US (got the amazing Fuck Knights over this weekend). All through this, money has been the very least of our concerns. I think that's why, to be honest, I paid less attention to your Albini quote in your original post, than to your quip about having heard from the "take the money and run camp".
I guess the total polarisation of opinions on this is what makes it a hot topic, and a personal one. There are those who see any foray into 'the mainstream' as selling out and others who believe the whole concept is adolescent and purile. I can understand the former to a certain extent if a band is seen as leaving a scene behind that has helped them become who they are. It must feel a little like "thank you and fuck you later" (which I guess was where Albini was coming from with his Sonic Youth remarks), but total black and white doesn't make sense to me. Take Radiohead's career. For the most part they were signed to a major label operating squarely within the mainstream, but, Budweiser promotion aside, I don't think anyone could ever accuse them of selling out, especially with the way they've operated since setting up independently.
Albini himself, on the subject of charging for his work, said "I charge whatever the hell I feel like at the moment, based on the client's ability to pay, how nice the band members are, the size and directly proportional gullibility of the record company, and whether or not they got the rock." Now it's amazing that he helps little bands and doesn't charge royalties on his work, but it's clear that he's also happy to take money from the majors when the band is worth it and the price is right. Nirvana were on Geffen and the Manics on Epic when he recorded them. By his own definition, is that not selling out. When thinking about how their music is used, shouldn't musicians be afforded the same as Albini does himself - the opportunity to decide based on the way their music is used, how nice the company/film-maker is and, perhaps (and most contensciously) how much they're paid, whether their music is used.
Like what John Carlucci said earlier, artists need to be true to themselves. Maybe they should be the ones who decide if they've sold out or not.