Ask HN: Web entrepreneurs in Austin?

A new year is on the horizon and I've decided to switch up my day-to-day. I've decided I'm going to leave my job here in Dallas and move somewhere that I have not lived before. I'm a 25 year old hacker with little more than $10k in my bank account. My goal is to end up in an area where other hackers are easy to find.

This definitely seems to limit the choices down to a few of the most well known areas - SF, NY and .. Austin?

I'm interested in Austin because it's only about 3 hours away and I have some family and friends down there. I've read that it has an emerging tech entrepreneur scene, too. I know that at least Gowalla is based out of Austin.

Does anyone have any insight into the Austin tech scene? Have any HN readers recently moved out to Austin - how is it? Even more of a long shot, but has anyone here moved from San Francisco to Austin? What areas of Austin are known to have a higher concentration of web entrepreneurs?