It does sound like the Richard Branson party could be the best bet. Puff Daddy is also in town for the festival... perhaps they'll do Kashmir?
RonnieDawg - you rock!
Here's some info on what's happening on Friday that I found:
On Friday, Holt Renfew hosts its annual bash at the Bloor Street store. The event is being co-hosted by GQ and designer John Varvatos. MGMT is the special musical guest. Down on Queen Street, CTV director of special events and merchandising Francine Socket is planning the eTalk Festival Party, a massive get-together for 2,500 people, featuring an indoor-outdoor party and performances by P. Diddy and DJ Samantha Ronson. Over at Muzik, Sir Richard Branson hosts a public party (tickets are $75) to raise awareness and funds for his Virgin Unite charity. And hockey legends including Doug Gilmour and Mats Sundin will lace up their skates at the Air Canada Centre for the Festival Cup, a charity game to benefit the Right to Play organization.