If you love Old Time music and traditional Bluegrass, and don't mind listening to it for the best part of a week, then Galax is the place for you. Most of the regulars camp in RVs, and get there early (I think Sunday morning is the earliest you can get in) to get a place on the campsite. I usually take a small tent and camp on the high ground just inside the entrance - it always really rains sometime during the week, and the field floods. If you enter the competition and turn up to perform (most people do) you get part of your fee returned. Consequently you get to see some really bad acts on stage, as well as some great ones. Nobody's bothered by it - the atmosphere is superb, very friendly. When I went last, I got to jam with Benton Flippen and Richard Bowman.
Cheers
Ray