Sounds a lot like MY Bloody Valentine to me. Can't say I'm whelmed, under or otherwise on first listen. Actually, who apart from KS, is in the band these days? Have some people come and gone? I know that Deb Googe is a graphics artist these days (did the Solus3 layouts innit)
Hope he doesn't keep us waiting as long for the 'Unplugged' album ;^)