In classic SXSW style, Len and I bounced back and forth between the Red Eyed Fly and Stubb's. Here's how the night went:

Started out at Red Eyed Fly:
Saw half of Antler's set (not bad)
All of Dixie Witch (great guitar work, drummer as lead vocals)
Half of Novadriver (sucky)

Headed over to Stubb's
Two songs of Dresden Dolls (incluing War Pigs)
Three songs of Gomez (crappy)

Back to the Red Eyed Fly
First half of Honky (awesome)

Back to Stubb's
Last half of Nickelcreek (including Toxic & The Weight)

Final Words:
Honky was definitely the highlight of the night. Goofy lyrics, but damn good music. The only songs I knew from any of the bands were the three covers.