I am pleased that bands of the My Bloody Jesus & Mary Lush school are still out there.
crap, forgot about this show.
or "my bloody medicine" for that matter. though now sadly defunct.
Robert Wilson Tom Waits William Burroughs Chain?
Maybe 10 years old now, but better than 20...
Have you heard Mira, off Projekt Records? They were early 2000s shoegazer, pretty decent stuff: http://mira.nu/
Nothing more recent to suggest in this vein, sadly; I haven't really been plugged into new music lately.