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Ashlee Simpson lip-synch payback!

MTV reports: Devastated to learn of Ashlee Simpson’s “Saturday Night Live” lip-synch snafu? If you were planning on tossing your copy of her album into the trash, hold up. New York music venue the Knitting Factory, in conjunction with Horrified Observers of Pedestrian Entertainment (H.O.P.E.), are offering unhappy customers a bit of musical solace. Drop by the Knitting Factory box office between 10 a.m. and 5 p.m. Monday through Saturday and exchange Ashlee’s disc for an album by Elvis Costello, the Ramones, the Grateful Dead, Ray Charles or Aretha Franklin, among others, courtesy of Rhino Records. Don’t live in New York? Check out for other exchange information.