Sounds like a lot of you guys have some great stories, so care to share a few?
My favorite festival was where for new year's 2005-2006 I spent 10 days at the Woodford folk festival in Queensland. It's billed as the largest folk festival in Australia.
Had a great time. Lots of crazy side shows and things going on and there was plenty of fun to go around. Thousands of people were camped out on a farm and they had tons of performances each night. We just wandered around in a daze stopping at this tent and that. Everyone was mellow and most of the folk music was pretty good. Only thing was in the daytime it was 45C+ so not much to do but at night the place transformed.