Oo I mean they are both AEG Presents festivals so there might be a link there. It does seem to be a thing of its own however; mentions two music stages and a third stage hosted by John Robb which "will delve into the artistry, movement and culture through in-depth discussions with renowned artists, going behind the scenes to reveal their stories"
I've seen a couple articles (v PR-fed) that says it is the "UK sister event" of Cruel World. Not exactly cheap, I'll say. Presale first release tickets are at £85 (presumably without fees)
I think so too, in my not so learned opinion
Rod (massive)
Fender (medium - large)
Rodrigo (medium, there are only so many 20 somethings on site)
1975 (small) - depending on who they put on the Other this could be very small.