Yes, festival glut is real. But the upshot is an increasingly vibrant (and for bands, lucrative) festival circuit that increases the odds an insane multi-day lineup will be coming to a town near you. Treasure Island’s 2008 bill is fairly killing — the Raconteurs, Justice, TV On The Radio (Sitek, leave Scarlett at home), Tegan & Sara (so awesome at Coachella), Fleet Foxes, VMPRWKND — and wins on accessibility (San Fran) and sunsets (again, San Fran). The two day fest takes place on September 20th and 21st, so of course we’ll be seeing all of ’90s indie rock perform at the behest of My Bloody Valentine, but for West Coasters, this should be a lock. Besides the fest features “complimentary transportation to the island on bio-diesel buses” and is otherwise carbon neutral, so yay Earth. Here’s your prelim lineup:

Saturday September 20th
JUSTICE
TV ON THE RADIO
GOLDFRAPP
HOT CHIP
CSS
ANTIBALAS
AESOP ROCK
AMON TOBIN
FOALS
MIKE RELM
NORTEC: BOSTICH + FUSSIBLE

Sunday September 21st
THE RACONTEURS
TEGAN & SARA
VAMPIRE WEEKEND
SPIRITUALIZED
OKKERVIL RIVER
TOKYO POLICE CLUB
THE KILLS
DR. DOG
JOHN VANDERSLICE
THE DODOS
FLEET FOXES

Worth mentioning the T.I. peoples are advertising “More T.B.A.” Single day tickets cost $65.00, and the two-dayers run $115.00 (there is also a limited run of early-bird rates and VIP packages). More info at treasureislandfestival.com.

UPDATE: Port O’Brien, The Morning Benders, Loquat, and Chester French have been added to the line-up.