High Places - a Brooklyn duo specialising in delicate pop melodies drenched in reverb. Their self-titled album is gorgeous.
Algernon Cadwallader - they've been knocking about for over a year but they just released their debut full-length a few months back. Cap'n Jazz/Owls-styled emo, but more melodic. Not trying to score indie points but their demo is probably better than their LP.
Sordo has links to both, amongst other things.
Flying Lotus - it appears aping the late J Dilla is this year's in thing in indie-rap circles, but nobody does it better than LA's Flying Lotus. His album (called 'Los Angeles', funnily enough) came out this year and is pretty slammin'.
4 or 5 Magicians - they've been gigging around the London toilet circuit for a while now but they're new enough for me. Rough-and-ready indie-rock a la Pavement, but with a distinctly British twist and some smart lyrics. Their Forever On the Edge and Change The Record / Ideal Man singles are up on eMusic, for anyone who subscribes to that. Their lead singer once managed Johnny Foreigner, true fact.