It would be a lot easier to use some modern version of PrintDir or PrintFolder!
If I should choose to use (the very fine) albumprinter for my 2100 artist folders I would have to wait two or three days before the list is ready for print. And you never asked for a program to read your tags, did you - it will merely create a mess*. All you asked for was a program to print out what artists and albums you have, right? I will take that you have recorded your music in the same way I have: >%Music%>Artist>Album , or what? If So, the simple answer to your initial request is: PrintDir (anno 2009), setting: 'folders only', and you will have the answer in seconds, rather than in days!
"a mess*" = Inside the 10cc album The Very Best, are some tracks from Godley&Creme (former 10cc members), but because albumprinter (merely) is reading the tags it says I have an artist's folder named Godley&Creme. I don't, it is a 10cc album = a mess.
Come to think about it, you know there could many other examples like this.