I quite like Atlanta. In the last 4 years the community around startups has grown nicely, from the Goog moving into town to ATLhack growing from 4 guys to ... 20 guys! And with GaTech, lots of great potential hires.

Angle money is a different thing though. It definitely exists, it just is just as that interested in internet startups as hardware / biotech.

You're about a day late for Startup Riot.

Here's an excellent resource for wannabe ATL entrepreneurs: http://atllogos.com/startup.html

A lot of the ATL startup chatter is on Twitter.