Love your last sentence about a start up. In L.A. there's the "start-up" 100.3 The Sound. Debuting on April 8, 2008, by late summer they had evolved away from most new artists and tracks and instead have been relying on a heavy dose of classic rock cuts by a handful of what I like to call The Usual Suspects. Examples: Stones, The Who, Led Zep, The Cars, The Police, The Doors, Santana, old Bob Dylan (nothing newer than 1980 or so), The Eagles, Jackson Browne, Tom Petty, Fleetwood Mac, The Pretenders, CSN & Y, Talking Heads, ad naseum. (Did you check the "recently played link" above for a good laugh? If not here it is again--
http://www.thesoundla.com/?nid=12&sid=275 ) The Sound apparently IS aiming for the 45+ crowd and totally neglecting the mid-30s and younger crowd. While I fall in the former category I absolutely hate what The Sound has evolved into. Getting back to your great statement about mixing in the music some are trying to get away from, in L.A. we have KLOS (Classic Rock), JACK-FM (adult hits) and KRTH (classic hits) which all share a lot of The Sound playlist. I think its OK to play a classic rock track by a classic rock artist or band (hopefully one not played at all or played sparingly by the other stations in town) -- but play it maybe once every 3-4 hours. That should not scare away too many people. But The Sound plays 5-6
per hour!! YIKES!

OTOH The Sound only plays
one "new" or "current" cut
per hour!!!! OMG !!! Whether that spells "death" for The Sound, it's only resulted in 1.1 (peak) or below (0.7-0.9) so far.
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Don't see anything wrong with including The Pretenders, Talking Heads, The Police, and Tom Petty on a Triple-A station, and personally, I think the occasional Bob Dylan track would work as well. But yeah, all the other artists don't really fit in with the average Triple-A lineup to me. Generally, the year these stations should start with should be around the mid-1970's or so. Yes, they can have the occasional Van Morrison, Joni Mitchell, Bruce Springsteen, John Lennon, etc. to make it more eclectic (personally, I wouldn't mind The Velvet Underground or Nick Drake on there at all but no commercial Triple-A station seems to do that) but in order to stay in touch with the audience they should probably focus more on tracks from about, maybe, 1977 onwards since that's when punk and new wave came into the picture. If I were running a Triple-A station, I guess mine would be "semi-commercial" (focusing mainly on the hits but also going slightly deeper than that sometimes). A typical track selection would probably be as follows:
"On Call" - Kings of Leon
"So Lonely" - The Police
"No Cars Go" - Arcade Fire
"Live Forever" - Oasis
"One Love/People Get Ready" - Bob Marley
"Oxygen" - Willy Mason
"Golden Touch" - Razorlight
"Tomorrow Never Knows" - The Beatles
"Run" - Snow Patrol
"Young Folks" - Peter Bjorn and John
"Snow (Hey Oh)" - Red Hot Chili Peppers
"Karma Police" - Radiohead
"Shuffle Your Feet" - Black Rebel Motorcycle Club
"City of Blinding Lights" - U2
"When You Were Young" - The Killers
"Elderly Woman Behind the Counter In A Small Town" - Pearl Jam
Do you think this playlist resembles any you've heard from a particular station before? If so, lemme know and I'll check it out! THIS is what The Sound SHOULD have been like.