it's like San Fran (from what I hear). Biking is the "hip" thing to do; also austin is the 7th healthiest cities in the country so biking is big for exercise. (Ironically the place I come from is the most obese city in the country). As far as the live music, it is ridiculous. On one of the public television stations MET, they run show listings in a banner under the music videos and those banners run for about ten minutes just covering one week of show listings before it loops.
also, Lance Armstrong lives here. I mean, what city wouldn't be bike friendly if a cyclist "hero" lived there?

I'm not sure why biking is big actually. It just IS. and fixies are a-plenty. Even recumbents have their place, there is a recumbent-only bike store, and driviers politely yield to hunky recumbents that take up half a lane.

don't mean to hijack the thread but part of driver-cyclist relations varies city by city