Saint James Infirmary blog has a kind post about this blog and the soupgreens project as a whole which includes a partial transcription of the O’Reilly interview:

I don’t think that people are going to play Beatles songs. I think the Beatles are going to disappear from memory – because they’re going to be locked away. You really can’t get to the stuff. And instead the music that was available for free use, that was under a Creative Commons license, that was very clearly in the public domain, or that was made before the recording era, I think that’s what people will be using. They will be doing the five trillionth cover of ‘Home On The Range’ instead of a much better song, like ‘She Came In Through The Bathroom Window,’ because that’s what’s in the culture, and passing back and forth references to the same material but used in different ways. That’s what you’re doing when you’re making cultural artifacts. I think people will look back at these lost items and say, ‘These were such great songs! What happened to them?’