As I think about it, I actually have an interesting idea. What if MC had a similar view but it was improved as follows:
1) Since the album and artist are displayed on the left, other interesting statistics could be shown. Unfortunately, there would be a lot of free space but that would be alright. Date, Genre, etc are all related the the album as well. The problem would be that the vertical spacing would be huge if genre and date were also included and there would be way too much free space.
2) I somewhat like the addition of a border and the reflective surface but that isn't necessary. What about forgetting the reflection but adding a jewel case? That would mean a left border: you know, the left part of a jewel case (on the front) and then the clear border. That would be a new look. I don't like suggesting copying directly even though iTunes and WMP probably took a lot of features from MC.
3) Any other ideas? It could be a while for these changes.