The demos from 1983 have now been made available on Youtube
The Flaming Lips frontman says he likes performers who are 'inside the rainbow'
Cover of Manchester band's song reportedly features Ke$ha on backing vocals
The record will be made available on November 29 as part of the group's Black Friday releases
The 'Lip$ha' LP has been called off, according to Wayne Coyne
The track comes from a joint four-track covers EP from the two bands
For 18 minutes, fans thought it was all over
The frontman had his account axed because he posted explicit images
It's suspected that the frontman has been deleted from the social networking site thanks to posting nude photos