Indie used to be a band who wasn't signed or wasn't very well known (to indie hipster trash, the less fans a band has the more awesome it is). Now it's more about sound than anything else. Bands like Snow Patrol and Iron & Wine are considered indie and they're both signed and pretty well know.
Indie rock pisses me off because my favorite shirt is faded and torn with a band logo (or something... you can't really tell what it is anymore and I don't remember) on the front and when ever anyone sees me warring it with a pair of jeans that aren't band new they

ing call me indie. In summation,

you all.
EDIT: wearing*
ADDITION:
http://www.questionablecontent.net/rl.php