If you do pick a band name, make sure it starts with "The". You can't get a band going nowadays without starting with "The." The Strokes, The Hives, The Vines, The The. See what I mean?
This trend replaces the trend of several years ago, when you had to include some random integer in your band's name. (Blink 182, Matchbox 20, 7 Mary 3, Eve 6, etc.)

I'm usually pretty good at generating band names, but folk/pop (or pop/folk?) is a genre that doesn't lend itself to much creativity in that regard. Seems to me many acts that fall into that category are either solo artists or have not-so-creative names like "The [insert name of lead singer here] Band."
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- Tony C
my empeg stuff