Khanada is both right (shudder) and wrong (as usual).
The Net Aid was meant to raise $$, but it was a big failure. Of course, the promotion for it seemed nonexistent. It's great to have a charity drive, but if no one knows it's occurring, it doesn't do anyone much good. Plus, back in '99, there were still a lot of households without computers and broadband connections were rare. I think a Net Aid event would go over much better today - but it would still need heavy promotion.
As for the song... while I'm not a huge fan of it, I thought it was decent enough - especially for a collaboration like this. I wouldn't want to see it on a U2 or Jean album, but for this work, it was fine.
Of course, Bono's vocals on here were a bit weak, once again leading me to fear that our once operatic singer was truly losing his voice, no matter how much I defended him. Fortunately, it seems that those days are now long gone. Whatever Bono has done is working (see "Miss Sarajevo" live, HTDAAB and most concerts on this tour).