Whoops, accidentally hit Post when I got sidetracked by a kid....
Anyway, I think if you put up studio versions of the songs, you would get in trouble. If the band is taper friendly, you can probably put up live versions of the songs and they would have no problem with that.
As for lyrics, again, you need to be careful. I know a fan website of a band that got a Take Down notice for their section of the site where they shared the lyrics. So, get band permission and you should be OK.
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