With an online boutique displaying sexy "punk" models hawking underwear and wallets, CBGB has willingly transformed itself into a suburban merchandising line. But even if every NYU student and the preternaturally unhip Colin Farrell sport tees boasting the club's logo, the birthplace of the Ramones and Television continues to host hit-or-miss auditions and 10-band bills packed with unknowns who've yet to graduate from high school. And really, taking a chance on nobodies (and occasionally striking gold) is what made this venerable shit hole worth exploiting in the first place.