V Fest?

It's come to my attention through their MySpace site that Zero 7 will be in Toronto on September 10th for a show listed being at Islands Park V Fest. Firstly, I'd assume that by Islands Park, they mean Toronto Island Park. But, what is V Fest you might ask? It's unclear at the moment but a Yahoo! search I did turned up a post over at DCist which points to the possibility of it being an American version of UK's V Festival[which this year takes place from August 19-20 at several UK locales and features a bevy of top acts including Radiohead, Morrissey and Beck]. DCist's source of the information is from The Upstate Life who through his own sleuthing's found out that the Baltimore edition of V Fest(to apparently take place at Pimlico race track on September 23rd) will feature Gnarls Barkley, The Raconteurs and Clap Your Hands Say Yeah. I've checked The Raconteurs tour info around the 'net and can find neither a Baltimore[Pimlico] date nor a Toronto date. As The Upstate Life informs, Pollstar lists the September 23rd Pimlico Clap Your Hands Say Yeah date, although I can't find anywhere a listing for a Toronto date. The Gnarls Barkley info was taken from Pitchfork who also reported originally that Gnarls Barkley will be in Toronto at Toronto Islands Park on September 9th. Remember the discussion that took place on Stille Post about this? Several people on Stille Post have pointed towards the possibility of a music festival happening the weekend of September 9-10, even throwing around names like The Flaming Lips being in town[which is itself a definite possibility since The Flaming Lips will have just played Montreal's Osheaga Festival the Labour Day weekend of September 2-3]. For now things remain unconfirmed.

So for now this is the info that I have:

September 09 - Gnarls Barkley @ Toronto Islands Park (via Pitchfork)
September 10 - Zero 7 @ Islands Park V Fest (via Zero 7's MySpace site)
Update: Sept 09 - The Flaming Lips @ Toronto Islands Park (thanks to MattR in the comments, and yes the band's website lists this date!!!!)

Oh sorry for the all the rumour mongering, but I've been itching for a decent music festival to come to Toronto ever since the cancellation of Lollapalooza in 2004(which had been scheduled to come to Toronto for 2 days that year) as well as the cancellation of the Toronto Blues Festival also in 2004. The Olympic Island shows have been great and all but Toronto needs something HUGE.