Raleigh's Rosebuds are an effervescent bunch, belting out the kind of little exuberant pop numbers that may make your teeth hurt, but often cause you to want to pogo up and down to the beat. Take the sweet and tart anthem, "Kicks in the Schoolyard," as proof once you see them. Their debut, Make Out, is also notable as being the first local band release by Merge Records in years. The bands appearing here are doing short sets to get everything in, and if your attention still isn't completely eaten up, Anderson Airplane is performing on a side stage between sets. Pop music in miniature from the Rosebuds, with some solid local rock--including The Loners, Ben Davis, and the Calculators and Bellafea--to round out the evening. 9 p.m. 831-1005. $6.