Sounds very cool. I remember an academic project in the early 90s that attempted to do this, but which didn't really get very far, or so I recall.
Vocaloid is a technology and application software developed by Yamaha that enables users to synthesize authentic-sounding singing by just typing in the melody and the lyrics of a song.
This news item is closely followed by another news item regarding the manga-interest of Taro Sato, possibly Japan's next PM. The post refers to a CNN Money item, which credits a 71 percent bump for a manga retailer's stock price to the news of Taro's potential election.
More info about Vocaloid can be found at the Yamaha website.
[via Hobby Blog]

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