I've always considered indie to be more of a mentality than a genre. Technically to be indie all one has to do is release music not affiliated with the big four. Stylistically, much of the indie scene bears strong ties to pop music, which is why it isn't surprising that bands like Modest Mouse and Death Cab for Cutie did so well after they 'sold out.'
I reckon one can't really have an indie discussion without bringing up Pavement and Wilco. They're pretty much mandatory namedrops. Aside from that, I tend to enjoy most of the E6 and it's associated acts. The first indie band I ever heard was Of Montreal, and they will always hold a special place in my heart.
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I wake up in the morning more tired than before I slept
I get through cryin' and I'm sadder than before I wept
I get through thinkin' now, and the thoughts have left my head
I get through speakin' and I can't remember, not a word that I said
- Ben Harper, Show Me A Little Shame
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