Regardless, google/youtube flagged the audio and the dispute has been open for a month. In the dispute filing, I pasted the relevant text from the license and linked to it.
The video itself clearly has a link to the artists site at magnatune (as required). So if any person were to intelligently go to the site and read the license or just read the dispute data I filed, the problem would cleary seen to be valid and legal.
But I'm still waiting to hear back from WMG. The point I have is that Bono's technical suggestion to track everything will not work. In a very closed and controlled environment like youtube, the false positives are so numerous that legal content cannot be cleared and shared.
Here's the license from magnatune (from link above).
"If you'd like to use Magnatune music in a video that will be posted on YouTube,
... simply buy the album and use the music. ... you're required to include attribution of our music.
.
"Look! There! Evil!.. pure and simple, total evil from the Eighth Dimension!" -- Buckaroo Banzai