It is still a fairly cool place, yes, and if you get caught smoking a doober by the city police all you get is a $100 fine or something like that. That said, A2 is quickly becoming a victim of its own reputation as the Midwest Portland, and is getting kind of pricey to live in. That means the city is getting older, richer, and square-er, and the people around who DO do the artsy, fun stuff are sort of the coattail riding pretentious types that do more socializing than creating.
Detroit has some cool art communities that have taken up residence in some of the neglected neighborhoods, and a lot of the people who do art and music in A2 often go to Detroit shows/exhibitions, etc.
One of the sad facts of life is that cool edgy creative young people turn into old richer, squares. And the hoods pay.
When I was a kid Greenwich Village was cool because it was cheap. Now it's the home of the million dollar starter closet.
Detroit is looking like a city in transition. And any place where you can buy a house for a couple hundred bucks has potential.
I liked the boho life style when I was younger. Now I like central heat and a warm bed at night.