The band of the week this time is THE MAGNETIC FIELDS!
http://www.youtube.com/watch?v=L85cillM6ME&feature=related
I just started listening to this band recently and so far I love their music. They are like a poppier Loud Reed. The songs are catchy at times, but there is a sense of melancholy and sadness to them as well. Funny how some of the most beautiful music is also the saddest. If you like bands like The Velvet Underground you will probably like these guys. Start with their album 69 Love songs, which while being a bit inconsistent at times it is 3 CD's of melancholy pop bliss with the occasional punk song thrown in.