Moof – Login Form Reinvented

So, I was trying to find a good music player to embed in the site when I encountered Moof – which claims “Social Music Reinvented” for an iTunes like online social music player – which didn’t suit my needs…

…but I couldn’t miss the login and registration form on the bottom of the page. Seems so human-centric and inviting.

Now – the question is – would it work? Are you feeling this form would work better on you?