New Orleans residents are bracing for another big hurricane as Gustav is aimed at the Gulf of Mexico. Meanwhile, on the busy streets of the big easy, gays and lesbians from all over the world are celebrating Labor Day at the annual "Southern Decadence" festival.

Even though many residents are heading out of Gustav's path, we're told the party goes on down on Bourbon Street.

"No one here seems overly concerned," said Boiparty.com's Alan Picus who is in New Orleans for "Southern Decadence."

"The boat is ready," Picus joked. "I may be sailing back to NYC!"

It looks like the storm could hit by Monday as "Southern Decadence" comes to a close. Gustav is currently over Cuba and moving for the gulf quickly. The National Guard is on standby. New Orleans can't handle another major hurricane disaster!