Anybody who thinks there aren't any good modern groups is positively ignorant, or just an old timer! There's plenty of new and exciting material being made these days. Don't expect the mass media to feed it to you, cos they never have. Think about what was playing on the radio during Floyd's peak.

A lot of the indie music being made these days is getting to be a parody of itself, getting kind of long in the tooth, pretty predictable and stereotypical (Arcade Fire, The Shins, Bright Eyes, give me a break, predictable Urban Outfitters teen myspace coffee-shop hipster bands). Some of the best I've heard released this year would be the latest Menomena album ("Friend and Foe"), the latest Explosions In The Sky ("All of A Sudden I Miss Everyone"), the newest Blonde Redhead ("23"), and something in the genre called Dubstep that is really developing in the underground right now - the new Burial album ("Untrue").

just my two cents