The attendance was around 55,000 and the event was dubbed the biggest festival in England, because Glastonbury was on its break year.
New additions to the festival site included the Bandstand, which allowed local bands to perform, the Carling warm beer amnesty and the Strawberry fields a large area of bars and music venues.
The festival achieved island-wide promotion by displaying the 2006 logo on Isle of Wight service buses.
The festival was filmed and highlights were shown on late night broadcasts on Channel 4. Notable moments included Coldplay covering Lou Reed's 1972 song 'Perfect Day' during their Sunday night headline performance after the ex-Velvet Underground frontman failed to play it in his 'unpredictable' set earlier in the day.
Coldplay singer Chris Martin told media that Lou Reed had asked them to do the cover to 'placate the crowd'.