Honestly, I'm kind of one off from the startup scene. I have quite a fews friends and acquaintances involved in it, but I've always worked for small to lower mid size stable companies or firms designed to stay small.

But that said, my somewhat outside opinion is that things are going well and getting better. There are some good hotspots of startup activity with hypepotamous (http://www.hypepotamus.com), Atlanta Tech Village (http://atlantatechvillage.com/), Flashpoint and a couple other accelerators.

Combined with the human and other resources from Georgia Tech, other colleges, and I think its a good place to be.