I watched "Eraserhead" for the first time last night while in this cough medicine/feverish daze.
One thing that was very clear to me, was a Godspeed relationship.
Take for instance the setting: a semi-post-apocalyptic-like, toxic industrial zone, very similar to Godspeed's secret place (I forget what they call it, but their web site made mention that this is where their pictures are taken typically).
Also, of course, the sounds: droning, machine-like hums that only sometimes morph into what almost sounds like music, but often just fade into nothing. Godspeed used this more on F#A#, but dabbled with it on Slow Riot and Lift Yr. Skinny Fists.

Any opinions?
If you're interested, "Eraserhead" is a REALLY weird movie and I would suggest hitting one of Lynch's tamer flicks first to see if you can digest it, specifically "Blue Velvet."