Sure, we usually say this: "Hack on your projects with other members of the Philly startup community. As always, there will be free Internet & no specific agenda. So be productive, or not..."

It's really just a way to get together and hang out with other hackers. Unlike some of the other groups around, there is no agenda so you are free to talk about anything really. Or hack. There is usually of course a lot of tech talk and specifically about what people are working on.