Richard Linklater has become the master of the generational tale with his explorations of the "slacker" generation (in Slacker), the hippie generation (in Dazed and Confused) and now the post Gen-X generation... those of us who are just out of high-school with plenty of aspirations but no drive to achieve them. I don't know exactly what to call us... maybe "slackeration XYZ" (sounds good to me).
Anyway, this tale is of a suburban town and some of the aimless denziens who live there: a wannabee writer; his girlfriend... a wannabee artist; his alcoholic best friend who just got booted out of the army; the wannabee filmmaker pothead; and the quiet girl nobody really knows. They all hang outside a convenient store drinking, horsing around, and harassing the immigrant store owner. When we join them, we find out a former school mate has recently become a big-time musician, selling over 90,000 units of his album. He comes across them hanging out and joins them. From there we watch the way characters interact with eachother and basically becomes a slice of early-20's life... with the same thoughts, dreams and emotions that real suburbanites have.
A really good film with excellent acting from a slew of relatively unknowns, worth watching once, difficult to sit through more though.