While Coldplay might not be your cup of tea, you have to understand that Coldplay is NOT playing any NYC area dates on their tour right now. While you might not want to see them, a lot of us would like a chance to see them somewhere in our neighborhood. Which really means Coldplay was not playing here because they were already going to be playing APW. So while you might not be happy, many of us locals are glad that we'll have another chance to see them.
And while you get excited over VW and MGMT, they happen to play in NYC a fair amount (or at least they had), so plenty of us are excited over the other bands that dont play here all the time. As the same for White Rabbits, The Postelles, etc.
I would bank on APW Weekend like last year. Vampire Weekend, Fleet Foxes, MGMT, Arctic Monkeys and Lykke Li make a lot of sense. The APW headliners are weak. I am very surprised thats the best they could do. Hopefully they take the best of APW's undercard and put in some real headliners. Coldplay and Tool is pathetic.