I'm currently working for a software company in Cincinnati, and few in the tech community here would deny the benefits of SV. But there's a lot happening in Cincinnati, and great, friendly, intelligent people doing interesting things. I work with people who are core committers on major open source ruby and javascript frameworks.
Of note for you or anyone who might stop by or live in the queen city (email in profile, too if anyone wants to get in touch):
Cincinnati Web Tech Drinkup: http://www.meetup.com/Cincinnati-Web-Tech-Drinkup/
Cincinnati Coworks: http://cincycoworks.com/
QCMerge, a web conference held a few weeks ago: http://qcmerge.com
Made in Cincy (launched days ago in the wake of QCMerge): madeincincy.com
I've lived downtown for the last few years, and Cincinnati is having a renaissance. People are upset about what Austin said because the jabs aren't constructive, are increasingly unfounded, and certainly weren't fabricated by video editing as the company claims in its non-apology blog post.