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I don't think U2 counts as this generation as well
For instance, I'd say Sonic Youth is one of the most important bands of the past 20 years, but I'd extend that to 30 years and say they were more associated with the 80s and 90s. They still make excellent music today, and seem timeless (sort of in the same vein as U2, of whom I am not a fan), but they're not of this "era"
And of course, they have nowhere near the amount of commercial acclaim that a band like U2 or Radiohead does, though their influence on music is undeniable, as is the quality and innovative quality of their music.
Radiohead may not be commercially the biggest band in the world, but they're up there, and coupling that with the level of critical acclaim that they've attained, respect amongst fans of independent music who will generally dismiss anything remotely mainstream and their brilliance... that's what makes them the best and most important band of the past 20 years.
Also. I hate Passion Pit. Just sayin
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