Then every conference should be in your backyard right? (I take you live in the bay area). I find your opinion very selfish. You guys have conferences all the time, we (I live in Miami), never. Having this conference in my backyard is cool because I'd get to meet more programmers (I'm being selfish too).
Miami is only close for people living in Florida is more my issue. NC is pretty close to centered along the east coast, has a fairly large tech hub and doesn't get many conferences. Then again, I am slightly biased in the respect that I'd like it closer as well.