Hey WorldExplorer! A couple of us bards have been writing songs that we hope we'll get into the game later (depending probably on how the music system works). You can take a look at my work here. I know only one of them has lyrics, but I'm not particularly good with writing words. However, Aubriella has some songs on her youtube here, and her's look and sound so much more professional than mine :D
But enough with the promotion of my members :D Yeah, there will be plenty of songs in Elyria I think, if the bard guilds have any say over it :)