As with CMJ, I'd advise bands who go down there to try and have a good time and have no illusions about industry exposure. Label scouts don't exist. Pretty much, a bunch of unknown or slightly known bands pay to play down there and the money is used to host big parties for established rock stars and major label scum. Still way better than CMJ just 'cause Austin's a cooler place than NYC. My band went down and had fun in 06 but there was crappy music everywhere you went and no one at the High Times-sponsored Stoner Rock bash offered me a toke of anything, those cheap-ass hippies!