The good will likely stay on for long time and they will be known overseas. I'd use these as benchmarks. It is important for the media to be impartial and even friends and promoters not to overhype a band/performer. Years ago, I used to think that people lile Dick Lee, Jacintha, Chris Ho etc. were the only talented musicians - thanks very much to the local media. I was thoroughly dissapointed when I heard their stuff. For years after that I stayed away from local music. My thoughts then was, yikes if our best is like that then it's going to be a waste of time checking out other local music.
Fortunately, I've ventured out to listen to more local bands, thanks to the Internet, and I've been pleasantly surprised with the talent we have. We're still short in a few areas but there is a lot of talent but they seem to be spred out across too many bands. It would be interesting to see more of the really good talents working together.
Cheers
RoRK