Four Fields of Music Making

Presentational:
In presentational music, one group of people is providing music for another.  There is a clear distinction between the artist and the audience.  The music being performed is to be listened to, and the artist is hoping to keep the audience interested and entertained.  In presentational music, the artists have the potential to rehearse and perform with greater artistic freedom, but is limited because the artist is still striving to keep the audience pleased.
The Goo Goo Dolls is playing their song "Slide" for others.  The artist is distinctly performing the music to the audience.  I would say the music keeps me very entertained, with this being one of my favorite songs.
Participatory:
In participatory music, there is no distinction between artist and audience.  There are only participants and potential participants.  The music is more focused on "the doing" as opposed to the quality.  This is because the quality is judged on the level of participation achieved and collective feeling of participants.  There is a strong emphasis on social bonding.  People are expected to join in and perform, regardless of ability.  This is the most democratic, least competitive, and least hierarchical.  In participatory music, there is a greater potential for social bonding through simultaneous and sequential participation, but it limits an individual's virtuosity.
Robert Pattinson and Katy Perry are drunkenly singing karaoke, an example of sequential participation.   In sequential participation, people take turns, but all are expected to participate.  In social scenes like this, people are expected to participate, and it would be frowned upon/creepy to isolate one's self at these times.
High Fidelity:
High fidelity music heard on recordings that index live performance.  This kind of music represents what a performer actually does in live performances, and preserves the sound of being live.  High fidelity music has the potential to be recorded and produced with great control by the artist, become a hit,  and accurately represent something the listener would experience during the live performance.  There are limits, though, because what is lacking in visuals must be made up for in sound.
Tom Petty's recorded song "Free Fallin'" is an example of high fidelity, with the song's final product being suitable for the artist.  I believe this song is quality enough to be successful and influential without visuals.
Studio-Audio Art:
Studio-audio art music is recorded music with no expectation that it should/could even be performed live.  It is free from the idea of authenticity and associated with electro-acoustic music.  It is free from the idea of authenticity.  While Studio-Audio art music allows the artist to have control over the final product, there is a limited amount of human interaction through these productions.
Project 46 & DubVision feat. Donna Lewis's "You & I" is evidently an example of Studio-Audio Art being heavily electronic-sounding.  This song is not intended to be performed live, but is a perfect song to play during other social events.