I intend release my music under a fake band, most likely for free. The guitarists, bassist and drummer are all me, but they're given names and personalities of which I've started writing into comics. Similar to dethklok, only less silly and quite a bit less talented. I haven't publicly released much of anything yet, but come ~Christmas time this year I want to release my first album under their name.
It's was initially a bit disheartening when the WIP's I'd released under the guitarist's name got praise from people. But it's an interesting thing all around.