Yes. If you want to do tech, you want to be in the Bay Area.

However, rather than just blindly moving out West and hoping you'll find a job, I'd recommend that you apply to a bunch of jobs at the big tech companies out here (Google, Microsoft, Oracle, O'Reilly, etc.) Many of them are hiring right now, and if they like you, they may pay your moving costs. It's also much easier relocating when you have a large corporation with an organized HR department helping you. And you'll have a built-in social network through coworkers and their friends, instead of having to build up your network from scratch.

Then, when you've been out here for a couple of years and have a sense of what's going on and who you'd like to work with, you can look at jumping into or founding a startup.