When it comes to putting on a show, the Gypsy Tea Room is the Big Kahuna. It has all of the intangibles: The bar is out of the way, yet close enough so you don't miss anything; the sound is usually perfect; and you can see the stage clearly from just about anywhere in the place, except maybe the bathroom. On top of all that, it's beautiful inside, like a brass-and-wood dancehall from way back. But we haven't even come to what Gypsy does best: music. No matter what kind of music you like, Gypsy does it, and does it better. Steve Earle (who performed at the club's grand opening), Built to Spill, Patti Smith, Macy Gray, Ween, Knife in the Water, Del tha Funkee Homosapien, Grandaddy, Luna, Macha, Bright Eyes, Sebadoh, The Jayhawks, 20 Miles, Monte Montgomery, Blackalicious, BR5--49, Wilco--they've all played there at some point. And all the best local groups make regular appearances as well, including Centro-matic, Earl Harvin Trio, Sub Oslo, Pleasant Grove, Mandarin, Stumptone, and The Old 97's, just to name a few. The New Year, the new band from Bedhead's Matt and Bubba Kadane, made its Dallas debut at Gypsy. In the few years it has been in business, Gypsy has only gotten better, and it doesn't appear this trend will end any time soon. As long as it's still in business, every other club in town is playing for second place. Believe that.