Some of the best of Britain’s brains are hoping to make No 1 with this song. And they stand a good chance of breaking into the charts if all goes according to plan. Cambridge University students took a break from their arduous dissertations to record the “On the Facebook” song.

It is a fun song describing their student lives and, according to Facebook, has now been heard by more than 1 million people. This is one of the latest messages on Facebook:

“On the Facebook” was written in 2006 by Pete Foggitt and Tommy Hewitt Jones. It’s now been heard by over a million people. Watch the video below.

Here’s the plan. Everyone waits until Monday the 11th of June, then we all buy it from iTunes (price: 79p). It’s got to happen in the first few days of that week in order to maximise the impact on the chart.

At the moment, we’re guaranteed a place in the Top 40 (if not the Top 20) – and as soon as it gets radio/video play, it’ll continue to climb the charts. Especially if Chris Moyles likes it.”

Are you going to help them repeat the Lily Allen viral networking experience? Do you think they will knock The Zimmers off their perch?

Hat tip Serena.