I suggest you see this Blank City. A documentary on No Wave films from the 70's and 80's New York. I saw it last night, it was pretty amazing, it was made by Celine Danhier, a very cute french girl that i met when i was in NYC last year.
She worked two jobs, saved every penny, and when she finally got spare time she would film this doco. A lot of hard work has certainly paid off. It was selected for the Tribeca film festival, and the Berlin Film festival, not to mention the Melbourne International Film Festival too.
There is one more screening on the 31st of July at 7pm at Greater Union Cinema...... get your tickets before its too late.