I don't watch music vids at home (we don't have foxtel either), so it's a no simply because of that.
However music is a big part of our lives, I play drums and my family all play instruments or sing. Eventually DD is going to warm to one particular genre and (hopefully) find some form of self expression through music. And in that, I really don't want to be the mother that stifles her expression.
My personal opinion is most of the music today is rubbish. I also think its my job as a parent to let her know that she doesn't have to gyrate, or get around in a state of undress to be beautiful/popular/talented. The plan is to not have to face this until she is much older (ie a teenager!!).