Will the Coachella Lineup Be Announced Today?

Music fans across the world are waiting with bated breath for the Coachella announcement, which is supposedly coming today. People are done with the rumors and want to book their trips, possibly taking advantage of the new "recession proof" payment plan.
KROQ said on Twitter yesterday that "there may be a Coachella announcement tomorrow," but later updated it to say "word on the street is that the Coachella announcement is being postponed." Yet rumors persisted that the radio station would announce around 7:20 a.m.--that never happened.
Coachella enjoys taking advantage of the anticipation. "Wait for it," they teased yesterday.
UPDATE: KROQ on air at 8:05 a.m. said: "[Coachella hasn't] finalized the lineup to give it to us. It's very likely to be today, it could be tomorrow."
Previously: Coachella 2009: Rumored And Confirmed